#USTariffs Donald Trump, during his presidency and in his current campaign, has proposed and implemented various trade tariffs, generating a significant impact on the global economy. Here is a summary of the key points:
Tariffs on Mexico and Canada
* In March 2025, Trump imposed tariffs of 25% on imports from Mexico and Canada, with a 10% levy on Canadian energy products.
* These tariffs affect a trade volume exceeding 900 billion dollars.
* Initially, a one-month exemption was granted for American automakers, but uncertainty remains about the long-term impact on domestic manufacturing.
Tariffs on steel and aluminum
* In early 2025, Trump announced tariffs of 25% on all imports of steel and aluminum, seeking to protect the American industry.
Tariffs on China
* Trump increased tariffs on Chinese products from 10% to 20%.
* The U.S. government argues that these tariffs aim to curb drug trafficking such as fentanyl, although they are also considered part of a trade war strategy.
Possible economic impacts
* The OECD predicts that the Mexican economy could enter recession if the 25% tariffs are applied to most Mexican products, with a GDP contraction of up to 1.3%.
* The tariffs raise concerns about price increases for American consumers and potential retaliation from other countries, which could trigger a global trade war.
* There is significant concern in Mexico's industrial sector, as a large part of Mexico's economy depends on the trade relationship with the United States.