#TrumpTariffs

The tariffs imposed by American President Donald Trump have come back to the forefront of global economic debate following the resumption of trade negotiations between Washington and Beijing, which recently resulted in a temporary framework to ease restrictions on certain strategic goods. The new agreement focuses on the possibility of exporting rare earths from China in exchange for easing some American restrictions on advanced technologies. Despite this progress, the tariffs imposed on key sectors such as electronic chips, airplanes, and medicines remain in place, reflecting the persistence of tensions in the global trade landscape. Major economic institutions have warned of the cumulative effects of these policies, with the World Bank reporting a projected decline in global growth to its lowest levels in decades, while analysts estimate that the tariffs add an annual burden to American households that could exceed $1,200, with a long-term decline in real income reaching 8%. In the face of increasing legal challenges against the legal basis of these tariffs, the American administration is considering alternative options to ensure their continuity, which could signal a new restructuring of the international trade landscape. Analysts also foresee an increase in prices for certain technological and consumer products, amid concerns about the return of inflationary pressure on global markets.