The losers
“The great loser will be the renewable energy sector,” said Navarrete.
However, analysts do not see a stagnation in this sector, but a slower development that occurred in the administration of Joe Biden.
“This does not imply that companies are not going to be used -only that they may not have any incentive to do so -but will be developed by the private sector,” said Janneth Quiroz.
“If oil companies begin to generate electricity, companies that generate clean energy would be at a great disadvantage,” warned the chief economist of Vector Casa de Bolsa.
With the imposition of tariffs, world trade will also be affected, as well as the productive chains in which parts of high technology and innovation are involved, said Quiroz.
If the imposition of tariffs on business partners such as Mexico, Canada and China materialize, the three can also respond with tariffs.
If, “it will impact the three countries and most industries; and it would be reflected in the decrease in GDP: in the case of Mexico between 1% and 1.6%, in Canada between between 2% and 2.7% and in United States between 1% and 1.5%, ”Saks anticipated.
In addition, Rodolfo Navarrete complemented, import taxes would have inflationary effects and a loss of efficiency in North American companies. “When there is international competition, companies compete for a product, but if you put a tariff, companies have to compete with a more expensive product. Then, instead of lowering costs and being more productive, they will become less expensive and less productive, ”he said.
Having declared cartels as terrorist organizations It can negatively impact the financial sector, as US authorities will pay more attention to the origin of the resources that companies or the transactions they carry out.
That can translate that there is less investment in Mexico for the fear of companies in the face of the possibility of receiving illicit money or that arouses suspicions of US authorities.
Without clarity
Although President Trump has said that he seeks to make the United States a friendly country with cryptocurrencies, the stage in this line is not so clear.
“We cannot ensure that they will have some kind of regulation, because I do not know if it can be done considering that there is no central bank that supports them. It is not clear what the panorama will be, ”said Quiroz.
According to Navarrete, Trump will support the development of cryptocurrencies, however, “the digital currency developed by central banks will follow their way, regardless of what Trump does.”
“It is likely that there is a ‘boom’ in the development of cryptocurrencies,” he complemented.
