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By: Dr. Alejandro Díaz-Bautista, Economist and Researcher (PhD).
President Donald Trump recently announced a new round of tariffs on various imported goods, including automobiles, semiconductors, and pharmaceutical products. These tariffs will be around 25% and are part of his broader strategy to address what he perceives as unfair trade practices and to encourage domestic manufacturing.
The new tariffs could have significant effects on both the U.S. economy and international trade relations. For example, the cost of imported automobiles, microchips, and medicines could rise, potentially leading to higher prices for consumers in North America and worldwide. Additionally, there is a risk of retaliatory tariffs from other countries, which could further intensify global trade tensions.
Trump’s approach to international trade has been characterized by a focus on reducing trade deficits and promoting American industries. This has included the use of tariffs as a tool to negotiate better trade deals and protect U.S. businesses from foreign competition.
Recently, President Donald Trump has been making headlines with his bold actions and statements, which some critics argue resemble the behavior of a monarch. Trump has issued several executive orders that significantly expand his power over independent agencies, effectively placing them under White House control.
Trump has signaled a shift in U.S. foreign policy, aiming to reshape the global order. His approach includes aggressive rhetoric and threats, as well as efforts to negotiate peace agreements and assert U.S. dominance in international affairs. This strategy has raised concerns among traditional allies and has the potential to significantly impact global relations.
Trump’s recent declaration of “LONG LIVE THE KING!” on social media has further fueled the perception that he is seeking to consolidate power in a monarchical manner. This has sparked a broader debate about the implications of his actions for the future of democracy and the rule of law in the United States.
The recent actions and statements of President Donald Trump have had a significant impact on the global landscape, particularly concerning the ongoing conflict in Ukraine. Trump has made several controversial comments, including blaming Ukraine for starting the war with Russia and labeling Ukrainian President Zelensky as a “dictator without elections.”
Trump’s executive order to review all current multilateral organizations and international treaties in which the U.S. participates has raised concerns about the future of American global engagement. This move could potentially lead to the U.S. withdrawing from numerous international commitments, further reshaping the world order in 2025.
Dr. Alejandro Díaz-Bautista
Research Professor of International Economics at Colef.
Distinguished member of the National System of Researchers of the National Council of Humanities, Sciences, and Technologies (Conahcyt) and now part of the new Secretariat of Science, Humanities, Technology, and Innovation (Secihti).