BRICS, Tariffs, and Geopolitics: The US Presidential Race and US-China Relations
Politics tamfitronics Key Points:Trump's trade war revival could see 60% tariffs on Chinese imports, disrupting global trade.47% of executives foresee worsening US-China ties under Trump; none expect improvement.Harris’ policy offers stability, but existing tariffs remain a challenge for US-China ties.Global Leaders Brace for the US Presidential ElectionThe US Presidential Election will take place on November 5, 2024. Election polls show a tight race between Donald Trump and Kamala Harris. According to FiveThirtyEight, Harris holds a narrow 1-point lead, signaling a closely fought contest since President Joe Biden withdrew from the election race.Foreign policy, especially relating to US-China relations, has been a hotly debated topic.FiveThirtyEight Polls – 031124In 2016, Donald Trump won the US Presidential Election, kickstarting a trade war with China. Significantly, Trump imposed tariffs of up to 25% on Chinese goods and launched the China...