As much of the world awaits the outcome of the 2024 US presidential Election, many hope whatever the result, it will mean an end to the political uncertainty which has been blamed for the subdued economic activity of the last few months.
This is clearly seen with the Q3 financial results being released which continue to reveal flat or declining sales activity; thankfully higher prices are returning stable profits and revenues for many businesses.
Donald Trump has promised if elected to place - or increase - tariffs on all imports which will have a significant impact on the supply chain. Kamala Harris’s position is less clear but she is expected to retain the existing tariff structure.
We wait to see.