3 "Made in America" Stocks to Benefit From the Trump Presidency
Portfolio Pulse from
The return of the Trump administration in 2025 has led to a surge in U.S. stocks due to positive sentiment, while Chinese stocks have declined over fears of increased tariffs. Trump proposed a 60% tariff on Chinese goods and 20% on others during his campaign.
November 11, 2024 | 3:30 pm
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Deere & Company (DE) could benefit from Trump's presidency due to its 'Made in America' status, as U.S. stocks surge on positive sentiment and potential tariffs on Chinese goods.
Deere & Company, being a U.S.-based manufacturer, stands to benefit from Trump's proposed tariffs on Chinese goods, which could make American-made products more competitive. The positive sentiment around U.S. stocks further supports a potential short-term price increase for DE.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80