13
Nov
2024
Possible Implications of Trump’s Re-Election on Critical Raw Materials Dynamics
Donald Trump's re-election as President of the United States is likely to usher in a period fraught with new uncertainties for the critical raw materials sector. The combination of a rollback of climate initiatives, a more challenging trade environment, and a focus on national sovereignty in resource management creates a volatile landscape. Rising tensions between trading partners, potential retaliatory actions, and a slowing of the pace in the shift away from fossil fuel dependency could impact global supply chains. As the world grapples with the challenges of economic uncertainty, conflicts, and climate change, the policies Trump has proposed during his campaign are likely to exacerbate existing uncertainties. At the same time, the world needs increased sustainability, reliable markets, and deeper international cooperation in the raw materials sector.