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REACTION: The Impacts of Trump’s Tariffs

  • Writer: AOM Advisors
    AOM Advisors
  • Feb 3, 2025
  • 1 min read

Reaction

February 3, 2025
Author: AQ Editors
The decision could push Mexico into a recession, while the U.S. may see higher consumer prices and slower growth.
U.S. President Donald Trump talks to reporters at the White House on Jan. 30. Chip Somodevilla/Getty Images
U.S. President Donald Trump talks to reporters at the White House on Jan. 30. Chip Somodevilla/Getty Images
TRUMP & LATIN AMERICA

On February 1, U.S. President Donald Trump upended relations with his country’s three largest trading partners by imposing a steep 25% tariff on most imports from Mexico and Canada and a 10% levy on all imports from China.



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