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US President Elect, Donald Trump attends the welcome ceremony at official reopening ceremony of Notre-Dame Cathedral in Paris, France on December 7, 2024, after more than five-years of reconstruction work following the April 2019 fire.

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This aligns withReutersreporting that Trump plans to roll back green regulations and boost traditional energy sectors.

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Supply Chain Shifts

Tim Heneveld, country director forPergolux, believes in the importance of business adaptability.

Uncertainty always comes with economic transitions, he said.

Potential shifts in trade policies, manufacturing costs or interest rates could directly impact sourcing and operations.

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Businesses are preparing for anything and everything that could be headed their way.

Gold Market Changes

Brock said gold prices might decline with a possible strengthening of the U.S. dollar.

According to Sullivan, these tariffs could bring inflationary consequences.

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He explained, Retaliatory measures from trading partners could ignite a trade war.

Remember: These are expert predictions, not guarantees.

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