Tariffs-Merkados Law, perfect storm | Article David Ordaz

David Ordaz

After Donald Trump announced last week Mutual tariffs Almost all countries of the world, on Monday there was a perfect storm for financial markets to liveBlack Monday“This seems to not only last once, because everything indicates that the time they want in the White House will last. Faithful to your style everyday And provocativeThe US President forced Asian and Europe bags to collapse, as well as Wall Schell.

After a huge waterfall on Thursday and Friday, European bags They lived another Chaos Day When the Paneuropeo Eurostox 600 index lost about 5%, at the same time they transferred it to be pronounced by Fráncfort (-4.30%), Paris (-3.9%), London (-380%) and Madrid (-4.4%). In a couple of days more than 1650 million dollars of the stock market They have Lost in EuropeField

For its part, in Asia, the Tokyo bag closed in red (-7.8%), as well as in Seoul (-5.6%), Sydney (-4.2%) and Taiwan (-9.7%), while Shanghai also sunk (-7.34%) and in Hong Kong, Vange Sens index, closed 13.2%of 1997, during 1997, during the 1997 Asian.

In response Foreign ministers belonging EU They met in Luxembourg to prepare a joint answer, demanding a change in the paradigm and without exception extremely aggressive measures against tariffs, while China announced a statement 34% of tariffs To all products from the United States and imposed export controls for seven rare minerals, including Gadolinio, which is used for magnetic resonans, and iTitry used in electronic consumer products.

Although it is true that in the Asian market all values They were affectedTechnological, automakers, banks and energy companies were most affected.

According to the Institute of International Economics Peterson in 2024, The use of tariffs universal between 10% and 60% for China will cost around $ 1700 a year before the American middle houseField

With all this script, the hope that Trump Review your decision the tariff policy that they collapsed when he said that he would not reach any agreement, if only Commercial deficit: “Sometimes you must take the medicine in order to fix it.”

For their part, analysts believe that Recession Ghost He is already playing the door.
Steve Kokrain, the chief economist of Asia and the Pacific region Analysts Moody, believes that “We could very quickly see a recession in the United States And it can last about one year, quite long “

In it Mexico businessWe wrote a few weeks ago in the same space that the Trump 2.0 version reached the White House, and with it a monthly threat Apply tariffsWhat would cause a wave of economic analysis and testimony that land in the idea: arrival of a possible recession.

In this regard, the organization of economic cooperation and development (OECD) expected that Influence on tariffs The United States generates that Mexican economy Meet one 1.3% reduction This year, that another 0.6% will be announced in 2026.

For economic economists, uncertainty To impose tariffs postpone decisions on expenses and investments in companies and consumers, especially long -term and long -term goods, which means that even without tariffs the threat will remain limited economic growth.

At the moment, on Tuesday bags They continued to collapse And very, of course, it will be The rest of the week And the time will last when Trump’s provocations last.