President-elect Trump's impending arrival signals a shift towards protectionism and a reevaluation of global alliances, where ideological connections may supersede traditional treaties.
In the private sector, companies are rapidly adjusting their supply chains and production locations, with fashion brand Steve Madden planning a substantial reduction of China-made products to mitigate tariff risks.
European leaders are reconsidering their defense budgets and commitments due to Trump's focus on NATO spending, leading to a rise in European defense stocks post-election.
Taiwan is considering significant arms purchases to demonstrate their commitment to defense, a calculated move in the context of Trump's stance on international protection.
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