As Donald Trump returns to the White House, investors braced for another round of trade wars. During his previous presidency, tariffs and protectionist policies rattled markets, affecting industries from agriculture to manufacturing. With tensions between the U.S. and China still simmering, a second Trump term now means more tariffs, supply chain disruptions, and uncertainty for global businesses.
Canadian investors looking to protect their portfolios should consider stocks that can weather these challenges and even benefit from shifting trade policies. Two companies that fit the bill are Nutrien (TSX:NTR) and Fairfax Financial Holdings (TSX:FFH).
Roaring reputations
Nutrien is the world’s largest producer of potash and a major player in nitrogen and phosphate fertilizers. While the stock has struggled recently due to weaker fertilizer prices, its long-term fundamentals remain strong. In 2024, Nutrien reported net earnings of…
