Economic Journey to the Unknown - El País - Мнение
Economy

Economic Journey to the Unknown

Trump has forced companies and investors around the world to adapt to a reality that will continue to be uncertain in 2026.

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Donald Trump's tenure as President of the United States, which began in January 2017 and concluded in January 2021, was marked by economic and foreign trade policies that generated significant global repercussions. One of the most distinctive features of his administration was the imposition of tariffs on various countries, including China, Mexico, and Canada, which triggered trade tensions and reconfigured international economic alliances. These measures, justified by Trump under the precept of protecting American industry and jobs, provoked retaliations from other countries, affecting various economic sectors. Furthermore, Trump enacted the Tax Cuts and Jobs Act in 2017, which represented the most significant tax reform in the United States since the 1980s. This law significantly reduced corporate income tax, aiming to encourage investment and the return...

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