Aggressive US protectionism is tracking to become a key catalyst for deglobalisation in 2025, as President Donald Trump imposes substantial levies on goods from major trading partners such as Australia, Canada, and China.
Sprott Asset Management highlights ongoing international conflict, a changing political landscape from elections in over 60 countries in 2024, and vulnerabilities in supply chains is creating fear a full-blown global trade war is looming.
As part one of the United State of Mining: A North American outlook series highlights, however, mining executives and market insiders remain optimistic if not bullish of the year ahead.
Despite the apprehensive start to 2025, Head of Global Mining for the TMX Group (TSX:X) Dean McPherson anticipates positive trends that began emerging in 2024 will continue later this year into 2026.
“Last year, with heightened geopolitical tensions and a lowering US Fed’s…
