#TrumpTariffs

The current president of the United States, Donald Trump, has implemented an aggressive tariff policy, imposing significant tariffs on most imported goods. This measure, which in some cases raises tariff rates to levels not seen in decades, aims, according to his administration, to promote domestic manufacturing, protect national security, and reduce the trade deficit.

Since January 2025, the average tariff rate applied in the U.S. has increased significantly, with specific rates of 50% for steel and aluminum, and 25% for imported cars. Additionally, additional tariffs of between 25% and 40% have been announced or threatened for products from numerous trading partners such as Japan, South Korea, Malaysia, and Southeast Asian countries like Myanmar and Laos.

These tariffs have raised concerns globally, with warnings that they could provoke inflation, hinder economic growth, and create uncertainty in financial markets. Although it is argued that they aim to incentivize the purchase of American products and increase tax revenues, economists have pointed out that they could lead to higher prices for consumers and businesses, and a reduction in imports, which in turn would affect the purchase of American assets by other countries. The situation continues to evolve, with negotiations and reciprocal responses from various nations.