What happened during the attack against Trump?
The 13 of July of 2024, Donald Trump suffered an assassination attempt during a rally in Butler, Pennsylvania.
A shooter, identified as Thomas Matthew Crooks shot Trump from the roof of a shed outside the security perimeter.
Trump He was slightly injured in the right ear. and was rushed to a hospital, where he was declared in stable condition.
The incident left one event attendee dead and two others seriously injured before the shooter was killed by a Secret Service sniper.
Why has this event strengthened your position in the electoral polls?
The attack appears to have had a significant impact on Trump's campaign.
His quick recovery and the image of him raising his bloody fist have become powerful symbols that his followers have used to reinforce his figure.
This has generated a wave of solidarity and support, improving its position in the electoral polls.
The perception of Trump as a victim of a violent act may have galvanized his base of supporters and increased his appeal among undecided voters, presenting him as a resilient and determined leader.
How does your victory affect international trade?
In terms of international trade, a victory for Trump could have several implications.
During his previous presidency, Trump implemented protectionist policies, including tariffs on Chinese products and renegotiations of trade agreements such as NAFTA.
His return to power could mean a continuation or intensification of these policies, affecting trade relations with other countries and possibly leading to more trade disputes.
This could have varied effects:
- Tariffs typically increase the cost of imported products, which could result in higher prices for consumers and businesses that rely on goods and materials from China.
- Companies could look to diversify their supply chains to avoid tariffs, which could lead to changes in trade routes and suppliers.
- Higher import costs can contribute to inflation, affecting consumers' purchasing power.
- Protectionist measures and tariffs can increase tensions between the United States and China, and could also affect relations with other countries that have interests in global trade.
- China could respond with its own tariffs on American products, which could escalate into a trade war and affect multiple sectors.
- Additional changes to the treaty could affect specific sectors such as automotive and agriculture, as well as have implications for investment and employment in the region.
Strengthening of the US dollar
On the other hand, Trump's presidency has led to a strengthening of the US dollar and a further steepening of the Treasury curve.
When the dollar strengthens, Countries that buy goods in dollars, such as Spain, which relies heavily on energy imports, face higher costs.
This occurs because the appreciation of the dollar reduces the value of your local currency, which increases the cost of your energy bill.
A depreciation of the euro relative to the dollar could benefit exports by making European products more competitive on the international market..
In trade with the United States, Spain stands out mainly in the sale of machinery and mechanical equipment, followed by other capital goods.
Likewise, a weaker euro could stimulate the olive oil sector.
As regards that Trump is pro-market, this implies that it supports policies that favor the free market and the market economy.
Policies that favor free markets and market economies
- The elimination or reduction of government regulations that may be seen as obstacles to business. This not only facilitates business creation and expansion, but also seeks to simplify administrative procedures and reduce costs associated with regulatory compliance. Less regulations could mean a more dynamic and competitive business environment.
- Trade agreements that facilitate exports. However, it is important to note that this approach can coexist with protective policies, such as the imposition of tariffs to protect specific domestic industries. Although, in general, the objective is to open markets and promote global trade.
- The reduction of corporate taxes, with the aim of stimulating investment and promoting economic growth. Additionally, it could offer tax benefits and subsidies to encourage job creation and innovation in various sectors.
- The sale of government-run businesses and public services, with the belief that private sector competition can increase efficiency and reduce costs.
Jurist and internationalist. Paralegal and analyst at RELACIÓNATEYPUNTO.
