2024 US election dust settled: How will trade policy change after Trump's re-election?
In November 2024, the US election dust settled, and former President Donald Trump was elected and will return to the White House on January 20, 2025. With Trump's re-election, will he restore the "America First" policy he once proposed? If so, how will global trade and supply chains be affected?
How will tariff policy evolve? During Trump's first term, he promoted high tariffs on China and other countries. Will this become a strategy he will adopt again after his re-election? Or will he seek more flexible trade arrangements?
Will the global supply chain be readjusted? If the United States continues to reduce its external dependence, will the global supply chain face more profound changes? How should companies respond?
Will the advocacy of "fair trade" continue? Will Trump once again promote policies that ensure fairer trade conditions for American companies? Will such policies affect the competitive landscape of the international market?
These issues may become the focus of policy after Trump's re-election, but how Trump operates still depends on his strategic planning and political considerations. For companies and policymakers, how to predict future changes and be prepared to respond may be the most important task at present.
How do you think Trump will adjust US trade policy after his re-election? How will these changes affect the global market? Feel free to share your views.