The cost of tomatoes has been a topic of discussion recently. If we consider a price of 25 pesos per kilo, with an exchange rate of 25 pesos per dollar, the cost is equivalent to 1 dollar per kilo. Then, if a 25% tariff is added, the price rises to 1.25 dollars per kilo and not to 1.56 dollars as previously mentioned.
In a hypothetical example, a company in Oklahoma imports tomatoes from Sinaloa at 25 pesos per kilo, equivalent to 1.25 dollars, with an exchange rate of 20 pesos per dollar before the tariff. After the imposition of the tariff, the company will continue to pay 1.25 dollars per kilo.
Economists have pointed out that a widespread 25% tariff could impact Mexico's GDP in the coming years. In response, importing companies may seek alternatives, such as sourcing products from other places or negotiating lower prices with local suppliers.
Modifications in laws and treaties can affect long-term investment certainty. In the case of Mexico's exchange rate, its flexibility is highlighted compared to other countries. On the other hand, the imposition of tariffs by the United States has generated uncertainty regarding the USMCA and its economic implications.
The potential consequences of tariffs range from increased prices on imported products to short-term inflationary pressures in the United States. This could trigger an economic slowdown both in Mexico and the neighboring country.
In this scenario, Mexico's ability to respond, both at the exchange rate level and in its trade relations, will play a crucial role in mitigating the long-term negative impacts of tariffs. The postponement of tariffs by the United States may influence future decisions and the economic stability of the region.
In conclusion, although it is expected that tariffs will not be imposed, it is relevant to assess the potential impact of these measures and prepare for various scenarios. Flexibility in trade negotiations and cooperation between countries will be key to facing future challenges in the international economic arena.
