Trump denies report on tariff restrictions and causes economic uncertainty.

Trump denies report on tariff restrictions and causes economic uncertainty.

Trump rejects report on tariff limitations and reaffirms his economic plan, generating uncertainty in the markets and trade tensions.

Juan Brignardello Vela, asesor de seguros

Juan Brignardello Vela

Juan Brignardello Vela, asesor de seguros, se especializa en brindar asesoramiento y gestión comercial en el ámbito de seguros y reclamaciones por siniestros para destacadas empresas en el mercado peruano e internacional.

Juan Brignardello Vela, asesor de seguros, y Vargas Llosa, premio Nobel Juan Brignardello Vela, asesor de seguros, en celebración de Alianza Lima Juan Brignardello Vela, asesor de seguros, Central Hidro Eléctrica Juan Brignardello Vela, asesor de seguros, Central Hidro
Politics

President-elect Donald Trump has categorically denied a report from the Washington Post suggesting that his team was considering limiting the universal tariffs outlined in his economic plan. In a post on Truth Social, Trump called the news a "mistake" and accused the newspaper of relying on "nonexistent anonymous sources." This statement comes amid growing concerns about the potential impact of his tariff policy on the U.S. economy and the dynamics of global trade. The Washington Post report mentioned that Trump's advisors were in discussions to impose tariffs on certain imports, focusing on products that pose risks to economic and national security. This new stance could mean a drastic reduction of the universal tariffs that the mogul proposed during his campaign, which ranged from 10% to 20%. Economists have warned that the implementation of universal tariffs could trigger a rise in consumer prices and interfere with the already complex patterns of international trade. The uncertainty generated by Trump's statements has had an immediate effect on financial markets, with an initial drop in the U.S. dollar against other major currencies. However, this decline moderated after Trump's clarification, in which he reaffirmed his intention not to limit the scope of the tariffs. Additionally, the climate of speculation in the markets has led investors to increase bets on potential interest rate cuts by the Federal Reserve, anticipating that the new tariff policy might not exert as much pressure on inflation as a broader approach would. This situation reflects the tensions surrounding Trump's economic plans, just two weeks before his inauguration. According to the Washington Post, while no specific sectors or products that could be affected were mentioned, it is noted that the focus could include items considered essential for national defense and economic security. This suggests that Trump might concentrate his attention on key industries, such as steel and aluminum manufacturing, as well as essential medical supplies, which have gained particular relevance in the context of the pandemic. The possibility of limiting universal tariffs also faces a broader set of policies proposed by Trump, which include levies of up to 60% on products from China and 25% on imports from Mexico and Canada. These proposals have raised concerns both domestically and internationally, as they could escalate trade tensions and provoke retaliation from other countries. As Trump approaches his inauguration, the effects of his rhetoric and tariff proposals are already wreaking havoc on the global trading system, generating uncertainty regarding inflation and interest rates. The lack of clarity surrounding his intentions has led many businesses to adjust their strategies, with an anticipated increase in orders, seeking new suppliers, and renegotiating contracts. Bloomberg Economics has projected a scenario in which Trump's tariff policies could be implemented in three waves, starting in the summer of 2025. This would include significant increases in tariffs on China, as well as more moderate levies for the rest of the world, focusing on intermediate and capital goods that do not directly impact consumer prices. The current situation poses a considerable challenge for Trump on his path to implementing his economic agenda. Companies, already facing a series of challenges in the supply chain, must quickly adapt to an uncertain environment, while financial markets continue to react to news about his trade policies. In this context, the response of the international community to Trump's tariff policies will be crucial. The possibility of economic retaliation and destabilization of trade relations could have a lasting impact on the global economy, highlighting the importance of clear and consistent communication from the incoming administration. The tension between protecting the national economy and the need to maintain healthy trade relations with other countries will be a central theme in the coming months.

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