Harris VP Pick Puts US Farming in Election Spotlight

Vice President Kamala Harris`s selection of Minnesota Governor Tim Walz, with his strong agricultural background, as her running mate highlights the importance of agricultural issues in the upcoming election. This focus could benefit the struggling US agricultural sector, particularly in the Midwest. The industry faces uncertainty due to potential trade policy changes and the possibility of new tariffs, which could exacerbate the current income slump. While neither party`s policies are expected to exclusively benefit or harm the sector, the election`s outcome holds significant weight for farmers. Donald Trump`s potential return raises concerns about renewed tariffs and trade disruptions, reminiscent of the US-China trade war. Conversely, Kamala Harris`s stance, aligning with President Biden`s, suggests a continuation of existing tariffs. The election will determine the future direction of trade policies and their impact on American farmers.