Assessments

While President Biden would be expected to continue to build and strengthen alliances with America's key allies in the northern Asian region, the reelection of President Trump could spur those same allies to look beyond the U.S. for their physical and economic security.

The 2024 U.S. Presidential Elections, Northern Asia and Geopolitical Risk: What to Expect

A multitude of combustible geopolitical, military and economic faultlines intersect in the northern Asian region, among China, Taiwan, Russia, Japan, and North and South Korea. While President Biden would be expected to continue to build and strengthen alliances with America's key allies in the region, the reelection of President Trump could spur those same allies to look beyond the United States for their physical and economic security. Under either scenario, it is likely that supply chains will remain subject to scrutiny due to considerations of national security and reputational risks.

The 2024 U.S. Presidential Elections, Northern Asia and Geopolitical Risk: What to Expect | RANE

Highlights

United States

China

Japan

North Korea

South Korea

Taiwan

Russia

Politics

The prospect of a second term in office for incumbent President Joe Biden suggests policy continuity towards Northern Asia, while the prospect of former President Donald Trump returning to office will likely lead to unilateral U.S. actions such as trade and tariff policies toward regional actors like China, in addition to a potential softening of relations with Russia and North Korea.

ASSESSMENTS

The 2024 U.S. Presidential Elections, Northern Asia and Geopolitical Risk: What to Expect

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