The president of the United States, Donald Trump, anticipated that on Wednesday he will launch his tariff policy reciprocal. The measure could have an impact on all the industries that export to the northern country. Already There are Argentine firms that received information requests to learn about the components of the products and determine with certainty what rate they will pay. Among the opening of imports, the fall of the domestic market and the commercial war, Argentine industrialists seek refuge in Vaca Muerta. There is fear of a global recession.
“The day of the great liberation of the US economy”This defined Donald Trump as of Wednesday, April 2, the date on which he will launch his tariff policy that provides for specific 25% aliquots for the automotive sector and reciprocal rateswhich in principle would apply to all countries of the world.
China, the European Union, Mexico and Canada already rehearsed answers. In addition, now the Asian giant, together with Japan and South Korea announced that they will accelerate the conversations for “a trilateral trade agreement” and jointly address Trump’s offensive.
Analysts already qualify as “Commercial War” to the period that will cross the economy in the coming months. The first signs export to the Argentine industrialists exported to the United States: “My client sent me a request for information because there will be proportional tariffs on each product that uses steel ”He anticipated Aldo the Russo Baigorria workshop, a metalworking that exports to fourteen countries.
The application is a kind of sworn declaration which specifies the percentage of steel that each product has. “In Argentina, the tariff position of bolts and screws pays between 14%and 15%, while they pay a 1%rate for our products, if reciprocal tariffs are applied it will be considerable change,” said the businessman to this medium.
The Muerta Vaca Exit
Before a complex situation table that includes the fall in demand, import growth, costs and loss of competitiveness due Gas and oil value chain.
“We are thinking how to insert ourselves intelligently to the great tractors of the economy, in this case Muerta Vaca”, Explained Alejandro Wagner, director of Propymes, who organized a commercial mission to the Neuquino deposit in which different firms of the metalworking and also white line participated.
The giant Techint He is one of those interested in his clients finding alternatives to the complex condition situation. It is a simple equation, if everything comes from outside there will be no market for the big ones either. A report prepared by eleven metallurgical chambers, ensures that the sector could add US $ 7,400 million per year to the economytraced by energy, among other activities. The integration of the industry within the value chain, appears as a fundamental debate for the sector that will see greater impacts by the commercial war.
Effects of “Liberation”, according to Trump
The investment bank Goldman Sachs increased from 20% to 35% the probability that the United States enters recession In the next twelve months. The argument is that the trust of households and companies deteriorated. Behind that phenomenon is Trump’s tariff policy and its “liberation” plan. The uncertainty On the measures and a certainty: more tariffs, more inflation and more inflation less likely that the Federal Reserve accelerates in the flexibility of its rate policy.
A recession, or lower growth in the United States, would have a global impact. In Argentina, business cameras have already shouted in the sky. They point out that the argument of the American deficit in the bilateral balance is unbelievable. It only happened in 2024, due to the huge recession that affected the local economy and in the last decade bullish surpluses for the northern country.
They also explain that the Argentina strictly complied with steel quotas agreed in 2018, which there is productive integration between the steel production of Argentina and the United States because Argentine products complement US production with steel inputs in which the US has limitations and ensure that “Trump’s new measure can generate steel production trade diversions from non-market economies.”
Source: Ambito
