A radical change in commercial dynamics
Donald Trump’s recent decision, announced on April 2, has marked a before and after in global commercial relations. This tariff offensive seeks to modify the rules of the game, in order to weaken the dollar and enhance the American industry, thus increasing its competitiveness and autonomy.
Immediate financial consequences
In addition to the ideological debates he has generated, economics experts agree that tariffs will have an immediate impact on property prices, causing considerable inflation. According to a report by JP Morgan, this price increase scenario could coincide with a recession, resulting in a phenomenon known as stagflation.
Inequaltats between regions
Trump’s tariff policy does not discriminate between allies and rivals; However, the repercussions will be unequal between nations. A remarkable example is the reaction of Asian countries, which face tariffs ranging from 32% to 57%, with Cambodia leading the list.
China’s reaction
Interestingly, China is affected by a 34%tariff, a figure Trump acknowledged that it could have been higher without causing significant damage to the US economy.
Effects on the European Union
In Europe, the situation is more complex. The tariffs have set up 20%, but this has resulted in winners and losers according to the trade balance of each country with the USA and the type of exported goods.
Unexpected benefits for Ireland
Ireland, for example, has been relatively benefited, with tariffs that do not exceed 5% due to most of their exports, which are pharmaceuticals. In contrast, the Netherlands, with a significant commercial surplus, face a 12%effective tariff.
Impact on agri -food exports
Countries with a strong agri -food component, such as Spain and France, have a more severe impact, with tariffs of 16% and 18% respectively. The case of Slovakia is particularly worrying, as its economy largely depends on car exports, which suffer from a 25%universal tariff.
A minimum tariff for selected allies
The Trump administration has established a minimum tariff of 10% for those countries with more balanced trade scales. However, nations like the United Arab Emirates, Australia and the United Kingdom, which are great importers of the US, will also be affected.
Temporary exceptions
Despite the hardness of new measures, Washington has introduced temporary exceptions for certain sectors, including semiconductors and pharmaceuticals, to mitigate the impact on key areas.
Reflections on the future of international trade
With these changes, global trade faces a new paradigm that can reconfigure economic relations for years. The repercussions of these tariff policies could lead to a re -evaluation of commercial strategies worldwide, and the way nations interact with each other.
