Research

Trump 2.0: Impacts on global food and agriculture

21 November 2024 14:40 RaboResearch

Roland Fumasi

Head of RaboResearch Food & Agribusiness - North America

Tom Bailey

Senior Analyst – Consumer Foods

Philip Marey

Senior US Strategist

Michael Every

Global Strategist

Cyrille Filott

Global Strategist – Consumer Foods, Packaging and Logistics

Andy Duff

Head of RaboResearch Food & Agribusiness - South America; Global Strategist - Sugar

Lief Chiang

Senior Analyst - Grains & Oilseeds, Farm Inputs

Oscar Tjakra

Senior Analyst – Asia

Vítor Caçula Pistóia

Grains & Oilseed Analyst

Stephen Nicholson

Global Strategist – Grains & Oilseeds

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Trump's return means: tax cuts, deregulation, defense spending, and tariffs. Expect higher inflation, slower GDP growth, and bigger deficits, impacting global F&A trade.

Donald Trump’s return to the White House and the resulting policy shifts will create a complex landscape for global food and agricultural trade. The implications of these changes include potential disruptions to established trade relationships, shifts in export demand, and rising costs for consumers and businesses alike – highlighting the delicate balance that will shape inflation, consumer behavior, and international trade dynamics going forward.