
Mission Grey Daily Brief - November 16, 2024
Summary of the Global Situation for Businesses and Investors
The world is abuzz with geopolitical and geographical tensions as global leaders prepare for the G20 summit in Brazil. The summit is set to be dominated by differences over wars in the Middle East and Ukraine, and the implications of Donald Trump's White House return. Trump's hawkish stance towards China has raised concerns about a potential trade war, with U.S. companies worried about retaliation from China. Security considerations are also elevated after a failed bomb attack outside Brazil's Supreme Court in Brasilia. Meanwhile, North Korea's decision to send thousands of troops to help Moscow repel Ukrainian forces has drawn criticism from U.S., South Korean, and Japanese leaders.
Trump's Return and China
Donald Trump's return to the White House has raised concerns about a potential trade war with China. Trump has threatened to hit China with at least 60% tariffs and vowed to end reliance on the country. This has worried U.S. companies, who fear retaliation from China. China has strong controls over information flow, which has led to consumer boycotts of international brands. U.S. companies are scrambling to find other sources of supply, which could force American consumers to pay higher prices and lead to job losses. China could also respond with economic changes, diplomatic matters, and security issues. Trump's hawkish stance towards China has raised concerns about a potential trade war, with U.S. companies worried about retaliation from China. China has strong controls over information flow, which has led to consumer boycotts of international brands. U.S. companies are scrambling to find other sources of supply, which could force American consumers to pay higher prices and lead to job losses. China could also respond with economic changes, diplomatic matters, and security issues.
G20 Summit and Security Concerns
The G20 summit in Brazil is set to be dominated by differences over wars in the Middle East and Ukraine, and the implications of Donald Trump's White House return. Security considerations are also elevated after a failed bomb attack outside Brazil's Supreme Court in Brasilia. The summit venue is in Rio de Janeiro, in the city's stunning bayside museum of modern art, which is the epicenter of a massive police deployment designed to keep the public well away. Brazil's left-wing President Luiz Inacio Lula da Silva will use the opportunity to highlight his position as a leader championing Global South issues while also being courted by the West. Security considerations are also elevated after a failed bomb attack outside Brazil's Supreme Court in Brasilia. The summit venue is in Rio de Janeiro, in the city's stunning bayside museum of modern art, which is the epicenter of a massive police deployment designed to keep the public well away. Brazil's left-wing President Luiz Inacio Lula da Silva will use the opportunity to highlight his position as a leader championing Global South issues while also being courted by the West.
North Korea's Decision to Send Troops to Ukraine
North Korea's decision to <co:
Further Reading:
Anxious Singapore urges Trump to stay engaged in South-East Asia - Sydney Morning Herald
Türkiye’s ‘diplomatic excellence’ could help Trump end wars: Economist | Daily Sabah - Daily Sabah
U.S. companies could be caught in the crosshairs if China retaliates to fight Trump - CNBC
Wars, looming Trump reign set to dominate G20 summit - Seychelles News Agency
World Fears a Wider Trade War. Malaysia Sees an Opportunity. - The New York Times
Xi Jinping’s sinister plan to encircle the United States is almost complete - The Telegraph