Editorial: El Mundo

• Donald Trump has declared a trade war that could potentially be devastating for the global economy and counterproductive for the U.S. economy.
• He is using tariffs as a foreign policy tool to intimidate countries he considers rivals and to impose his agenda on his allies.
• This could result in upward pressure on domestic prices and a potential rise in interest rates to counter inflation.
• Trump has targeted three of his biggest trade partners with tariffs: Canada, Mexico, and China, contradicting the USMCA, the free trade agreement he signed in 2020.
• Trump's justification is invoking an emergency law for border security reasons and protection from immigration invasion and fentanyl entry.
• The tariffs will also impact American citizens, increasing the cost of goods and possibly affecting employment in industries connected with neighboring countries.

Conclusion: Trump’s trade war has potential to create distortions in the global economy, impact the domestic economy, and possibly reduce the long-term influence of the U.S.

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