The Donald Trump administration marks a turning point in international trade, profoundly affecting Latin America, a region with close commercial ties with the United States .
From renegotiating NAFTA to imposing tariffs on key products, Trump’s trade policies redefined the logistics dynamics of exports and imports, creating new challenges for companies in sectors such as transportation, manufacturing and agricultural trade.
The re-election of Donald Trump as President of the United States in 2025 has generated various projections in the political and economic spheres, both nationally and internationally.
SECOND TERM
Below are the main aspects to consider:
National economic policy
- Tariffs and International Trade: Trump has stated his intention to impose 25% tariffs on imports from Mexico and Canada, a measure that could be extended to the European Union. This policy seeks to encourage domestic production, but experts warn of possible increases in inflation and trade tensions.
- Tax Cuts: Further tax cuts are expected to be implemented, continuing the trend of his first term. While these measures may stimulate the economy in the short term, there are concerns about the widening fiscal deficit and long-term economic sustainability.
- Deregulation and Energy Production: The Trump administration plans to promote a “national energy emergency” to revive oil production, including eliminating subsidies for electric vehicles. This strategy seeks to achieve “energy dominance,” although it could have significant environmental implications.
Foreign policy and international relations:
- Unilateral Approach: Trump’s return marks a move toward unilateral policies, prioritizing U.S. economic and security interests. This approach could undermine international cooperation and relations with traditional allies.
- Trade Tensions: The potential resumption of tariffs against China and other trading partners raises uncertainty about new trade wars, which could negatively impact the global economy and international supply chains.
Impact in Latin America:
Immigration Policy: The Trump administration has resumed strict immigration policies, such as declaring a national emergency on the southern border and designating Mexican drug cartels as terrorist organizations. These actions could strain diplomatic relations and affect cooperation on security and migration issues.
Trade Relations: The proposed tariff policies could significantly affect Latin American economies, especially Mexico and Canada, which are major trading partners of the United States. Uncertainty surrounding the United States-Mexico-Canada Agreement (USMCA) could impact exports and foreign direct investment in the region.
