US Election 2024 and Its Global Market Impact: Between Hope and Uncertainty

The Trump vs. Harris showdown shakes global investment strategies and sparks fears of a new trade war

Massive Digital Campaign Strategies

The 2024 US presidential election has become a global spectacle, not just for its political tension but also for its digital battlefield. Donald Trump and Kamala Harris leveraged platforms like X, TikTok, and Instagram to reach younger voters. Short videos and livestreams dominated the discourse, proving how politics now flows alongside algorithms.

Clashing Visions in Foreign Policy

Trump promotes his familiar “America First” agenda, vowing to slash corporate taxes and impose tariffs of up to 60% on Chinese goods. In contrast, Harris pledges continuity with Biden’s multilateral approach, focusing on climate, diplomacy, and stability. These conflicting visions fuel market speculation and concern over a potential trade war resurgence.

Global Markets Brace for Impact

Ahead of the election, the S&P 500 dropped 2.3%, signaling market unease. Investors are shifting toward safe-haven assets like gold and UK equities. A Trump victory could bring sharp volatility, especially in Asia and Europe, while a Harris win is seen as a more stable—but more regulated—future for tech and financial sectors.

Emerging Markets in the Crossfire

A stronger US dollar from aggressive Trump-era rate hikes could squeeze developing economies, particularly those with dollar-denominated debt. On the other hand, Harris’s cautious monetary stance may allow for greater global market stability. Countries like Indonesia must prepare for shifting capital flows and renewed geopolitical tensions.

The 2024 US election is not just a domestic decision—it’s a pivot point for global markets. The leadership outcome will shape trade dynamics, investment strategies, and geopolitical alignment. Investors worldwide are watching closely, preparing for diverging paths that could redefine the global economy.