President Trump has signed decrees to impose tariffs of 25 percent on imports of goods from Canada and Mexico, as well as 20 percent on Chinese products. These tariffs will take effect on March 4. Trump has justified this decision by claiming that Mexico and Canada have not done enough to combat drug trafficking and the flow of migrants at the border. In response, the mayor of Mexico City, Claudia Sheinbaum, has announced that she will hold a call with Trump to discuss the implementation of these levies on Mexican exports.
In the financial sector, the Dow Jones index has experienced a decrease of 1.82 percent, standing at 42,402 points, while the Nasdaq has dropped by 1.55 percent and the S&P has lost 1.61 percent. The VIX, which reflects market volatility, has increased by 8.47 percent. The uncertainty generated by the tariffs imposed by Trump has caused a negative global impact on the markets.
In Mexico, the Mexican Stock Exchange (BMV) has suffered significant losses, with a decline of 1.46 percent, reaching 51,333 units. Globally, a similar trend is observed: Germany's DAX has fallen by 3.28 percent, Spain's IBEX 35 by 2.63 percent, France's CAC 40 by 2.27 percent, and London's FTSE 100 by 1.17 percent.
In the oil market, West Texas Intermediate (WTI) has decreased by 0.96 percent, reaching $67.41 per barrel, while Brent is trading at $70.30 after a drop of 1.32 percent. The Russell 2000 has also fallen by 2.5 percent due to trade uncertainty.
In summary, the implementation of tariffs by Trump has generated a significant risk aversion in financial markets both nationally and internationally. Analysts warn that these measures could negatively impact the economies of Mexico, China, and Canada, and also erode the growth of the United States.
