The Impact of US Elections on Trade and Supply Chains

US Elections, Trade, & Supply Chains

The 2020 US presidential election happened at a time when the world at large was nursing the wounds from a series of socio-economic shockwaves that came in the wake of the COVID-19 pandemic.

With trade and international relationships at stake during these trying times, it is no wonder that the election became one of the most followed political events of the decade.

Trade reforms introduced by the Trump administration have been focused on aggressively furthering the “America First” outlook. Most notable among these policies was the administration’s attempt to curtail the US trade deficit with other countries, especially China.

This was done by increasing the tariffs on hundreds of billions of dollars worth of Chinese imports. But China was not the only country that saw a decline in US trade relations. France and Canada also faced similar, although less intense, trade uncertainties with the US.

This white paper will explore:

• The volatile landscape for supply chains
• The state of international relations
• Potential shifts in regulatory policies