Elections And Conflicts: The Growing Impact On Global Supply Chains

Geopolitical risks pose a major concern for global businesses, especially in the maritime sector. Populist policies and tariffs expected under President-elect Trump, could further disrupt world trade.

A historic year of national elections worldwide and the expansion of armed conflicts in Eastern Europe and the Middle East have propelled geopolitical risk further into the industry spotlight as the calendar turns to the new year.

Respondents to our Emerging Risks Survey in November 2024 indicated that global geopolitics were now seen as the top three source of emerging risk – both currently, and in the next two years – trailing only the rising influence of artificial intelligence and cyber threats in the present risk spectrum.