2024 US Election: Reshaping Global Trade and Defense

12/2/2024 | Dr. Robert Martinez

The upcoming US presidential election carries profound implications for global trade and security arrangements. Key areas of potential change include:

Trade and Tariffs:

  • Potential revision of existing trade agreements
  • New tariff structures affecting global supply chains
  • Shifts in trade relationship with China and other major partners

Shipping Routes:

  • Increased focus on secure shipping lanes
  • New investments in port infrastructure
  • Changes in maritime security arrangements

Defense Spending:

  • Reassessment of NATO commitments
  • Shifts in military presence across key regions
  • Changes in defense technology investment priorities

These changes will require businesses and governments worldwide to adapt their strategies and operations accordingly.