In flurry of trading activity, Trump purchases John Deere stock
Investigate Midwest • • business
Key Points:
- Donald Trump’s investment portfolio manager purchased John Deere stock three times since January, with the largest unsolicited purchase valued between $15,001 and $50,000, as revealed in Trump’s May 12 financial disclosure.
- These John Deere stock trades are part of thousands of Trump’s recent transactions involving companies with business before his administration, including Apple and Nvidia, whose CEOs accompanied him on a recent China visit.
- Unlike previous presidents who used blind trusts, Trump has maintained direct control over his investments and has been accused of leveraging the presidency to benefit family businesses, though White House officials deny any conflicts of interest.
- John Deere has publicly supported the Trump administration’s policies, including reduced environmental restrictions on farming equipment, and has been involved in events and partnerships linked to Trump, such as America250 and Freedom250 for the nation’s 250th anniversary.
- Trump’s portfolio also includes stock purchases in other major agriculture companies like Bunge, Tyson Foods, and Corteva, highlighting a broader investment strategy in sectors influenced by his administration’s policies.