The election could prompt a shift in targeting and enforcement priorities, and coordination with allies. Combined with tariff policy, this could drive significant changes in global financial markets and geopolitics, as well as influencing long-term US financial primacy.
Extreme tariffs would roil markets and drive reciprocal action, snarling supply chains and likely raising prices for US firms and consumers.
Unorthodox sanctions approaches, including unpredictable, transactional measures, could undermine the long-term efficacy of US tools.
Trump’s unilateralism would undermine trust built during Biden’s term and potentially cause Europe to distance itself from US initiatives.
Sectors susceptible to sanctions policy shifts include oil, where weaker enforcement on Russia could reshape global markets, and technology.
