Trump wins: tell us what this result means for the feed industry

By Jane Byrne

- Last updated on GMT

Has the US feed industry been left reeling or is it rejoicing over Trump triumph? © istock/scarletsails
Has the US feed industry been left reeling or is it rejoicing over Trump triumph? © istock/scarletsails

Related tags Feed industry International trade

Property mogul, Donald Trump, has been elected the 45th president of the US, in a shock election victory over Democratic party candidate Hillary Clinton.

He has pledged to ‘Make America great again’​.

Now, as the focus switches from his hair-raising campaign remarks to what his policies on trade and the economy might look like in reality, FeedNavigator asks our US and international readers to comment.

We want you to tell us what impact the Trump presidency will have on both the US and the global livestock feed industry. 

Trade talk

International trade pacts have long been cited as fundamental to US feed industry growth.

Gina Tumbarello, the American Feed Industry Association’s director of international policy and trade, told us previously: “The future growth of the US feed industry lies in exports, whether it be directly, or indirectly through meat and dairy exports, and the feed industry needs the support of the administration to remove barriers to trade and enforce trade rules. The most opportunistic path for this is through free trade agreements such as Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership​ (TTIP) with the EU."​ 

In 2014 alone, the US exported more than $10bn worth of feed, feed ingredients and pet food, said the AFIA.

However, Trump said the North American Free Trade Agreement (NAFTA) was the worst trade deal the US has ever signed, and has and continues to kill American jobs, and opposition to the Trans-Pacific Partnership (TPA) deal was a centerpiece of his campaign from the onset.

In terms of the environment, the property tycoon said he doesn’t accept the scientific evidence on climate change is real, and he wants to dismantle the Paris Agreement.

He has also promised to cut taxes and reduce ‘burdensome regulations’ on business.

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Posted by Ferdi Banosi,

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