How the 2024 U.S. Presidential Election Could Shape U.S.-China Trade and Logistics
The 2024 U.S. presidential election, with Kamala Harris and Donald Trump as candidates, is a potential turning point for U.S.-China trade. Each candidate has a unique approach to trade policy with China. Their policies will likely impact critical logistics areas: ocean freight, air freight, tariffs, and freight forwarding. Here, we’ll break down the potential effects of each candidate’s policies. We’ll also share practical strategies for businesses to prepare for possible shifts. Harris vs. Trump: Trade Policies and Their Impact Trump’s Aggressive Trade Policy Trump would likely continue his “America First” approach, possibly raising tariffs on Chinese goods and imposing stricter import rules. This hardline stance could disrupt China-U.S. trade flows. High-demand sectors, like manufacturing and electronics, would likely see the biggest impact. Trump’s policy may strain trade relations further and limit U.S. market access for Chinese companies. Harris’s Balanced Approach Harris promotes