A Trade Outlook Under A Second Trump Presidency

November 22, 2024

Let's Talk Tariffs... download our PDF overview.

The conclusion of the 2024 US Presidential election sees Donald Trump return to the mantle of Commander in Chief.

Reviewing the strategies of his first presidential term, and the pitches made during this most recent election campaign, let’s take a closer look at the proposed “Trade Policies” which are expected to go into effect immediately. 

The most common questions on these anticipated tariff increases are:

• How much of an increase will the Trump tariffs be?
• Which countries will be affected by additional tariffs?
• What specific products will be included? 
• Should we expect retaliations from affected countries? 
• Will retaliatory tariffs affect global supply chains and what will be the impact on the cost and availability of goods?
• When do we expect tariffs to be implemented? 
• What does my company need to do to prepare for potential tariffs in 2025?