The Mexican government, led by Marcelo Ebrard, expresses concern about the impact on the macroeconomy due to the trade measures imposed by Trump's White House. Ebrard believes that these actions have not had the expected effect and represent one of the few areas where the U.S. president can show results. According to him, this uncertainty is more concerning than other reforms in process.
In this context, Ebrard emphasizes the importance of Mexico's achievements in migration control and the fight against drug trafficking. There is a fear generated by the possibility that Trump will escalate his trade war, which has led to an ambivalent perception in the Mexican government regarding signs of recession in the U.S. According to the Mexican Secretary of Economy, the uncertainty generated has impacted decision-makers and sown doubts about the future economic direction.
In the economic sphere, it is considered that the tariff policy proposed by Trump is unfeasible in practice and could lead to a situation of stagflation, which is already observed in the latest employment data in the U.S. It is argued that similar measures implemented in the past resulted in negative effects for the markets, directly affecting the economy and consumption.
Monday's market session was unfavorable for U.S. markets, with a notable drop in technology stocks impacting the Dow Jones Index and the S&P 500. These events reinforce the concern about the effects of Trump's trade policies on the global economy.
