2024 presidential election is likely to affect US supply chains more than ever

Posted on April 1, 2024   |  

The initial months of 2024 have seen disruptions in U.S. supply chains due to global factors, compounded by the ongoing presidential election year.

With the 60th quadrennial presidential election underway, there's speculation on its potential ramifications for the U.S. economy and supply chains.

Accurately forecasting the election's impact on supply chains proves challenging due to uncertainties and multifaceted factors at play.

Nonetheless, presidential elections typically introduce added risks and disturbances to supply chains.

The degree of influence the 2024 election wields on supply chains will depend on factors such as candidate policies, economic climate, and political dynamics.

Trade policy emerges as a significant area where the election could shape supply chains, given differing views on trade agreements and tariffs among Democratic and Republican candidates.

Infrastructure upgrades, regulatory adjustments, and labor laws are other realms where the election outcome may affect supply chain operations and efficiency.