President Donald Trump's trio of executive orders have plunged the global economy into chaos and jeopardized his own goal of curbing inflation. His tariffs on Canada and Mexico, aimed at curbing illegal immigration and fentanyl trafficking via trade, have prompted retaliatory taxes from both countries on US imports. An additional 10% tariff on Chinese imports is also imposed, ostensibly to halt fentanyl production. However, Trump's actions effectively raise taxes on American consumers and businesses, potentially totaling over $1 trillion over a decade, without Congressional approval. He acknowledges the risk of 'some pain' in the form of higher inflation, job losses, and slower growth.
Con un trío de órdenes ejecutivas, el presidente Donald Trump ha sumido casi instantáneamente en un caos a la economía mundial y su propio objetivo de reducir la inflación. Sus aranceles contra Canadá y México para detener la inmigración ilegal y el comercio ilícito de fentanilo llevaron a ambos países a imponer impuestos de represalia sobre las importaciones estadounidenses.
Pero la orden de Trump sobre México dice que los traficantes de drogas y el gobierno del país “tienen una alianza intolerable” que “pone en peligro la seguridad nacional de Estados Unidos, y debemos erradicar la influencia de estos peligrosos cárteles”.
ECONOMY TARIFFS TRUMP CANADA MEXICO CHINA IMMIGRATION FENTANYL TRADE WARS
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