2024 Elections: What Are the Trade Risks?

Global elections may lean towards nationalist policies that could hinder trade in goods via tariffs, but also boost growth in domestic industries to counter inflationary effects.

It may seem to many investors that the U.S. election is the only political event in 2024 given how much time has been devoted to coverage and how long the campaigns have been featured in the daily flow of news despite still being 239 days away. Election campaigns in other countries are much shorter and seem to garner much less coverage, despite their significance:

  • In Mexico, the campaign spans 90 days.
  • In Australia, it lasts 38 days.
  • In the United Kingdom, its 25 days.
  • In France, the presidential campaign is only 14 days long.
  • In Japan, it is limited to 12 days.