Trump's Return Shakes World

November 18, 2024

Key points from this story:

• Trump's election brings significant global uncertainty
• US markets initially react positively
• Trade relations likely to become more complicated
• Potential shifts in international diplomatic relationships
• Possible changes to NATO and global alliances
• Uncertain implications for global economic stability

Trump's return to the White House is going to change many things - whether any of those changes are positive in the long run is very much in question though. Initially at least US markets have reacted positively, but that is hardly a surprise, Trump has always been 'pro business'. What that means though is unclear. Suggestions of deregulation will certainly play well in board rooms, but depending on what exactly the changes might be it could be bad news for the environment and even for the rights of workers. In terms of Canadian agriculture and trade in general, which of course is critical here, it's likely to get a lot more complicated - and as a result costly - to access American markets with at least some commodities. Trump has always talked a very pro-America before all banter, and that will be likely lead to more trade confrontations.