World GDP is 100 billion dollars. Of these, the United States contributes 23 percent. It has low energy costs and a growing ability to produce advanced technology goods. The industrial construction spending doubled from 2020 to 2024. Phoenix, Arizona, and Columbus, Ohio, are becoming semiconductor manufacturing poles, and Detroit grows again. Small and medium -sized companies have offered extraordinary results in the last 10 years. It has 254 military bases worldwide.
The 10 most important world companies, mainly technological, are Americans and have a value that represents 20% of their country’s GDP. This warns the importance of the US and the power of technological oligarchs.
Populists who have emerged in the world appealing to people’s identities have created a tribal nature of politics. Hence the triumph, for 10 years, of populists who sell easy prosperity and cheap nationalism. This is the case of Viktor Orbán in Hungary, by Narendra Modi in India, Erdogan in Türkiye and Trump in the United States.
Trump assumed the presidency with the ballast of being the first president convicted for serious crimes. The group that accompanies him to govern is active protagonist of capitalism with indifference in the social issue.
Of their first definitions on global issues, the US withdrawal of the Paris Agreement against climate change, the recovery of the Panama Canal and the elimination of resources in your country for clean energy.
For Mexico and Canada, the establishment of export tariffs from both countries to the US is in the air; The reactivation of the Roda program in Mexico, which began in 2019; The national emergency on the border with Mexico by migration, and consider drug trafficking cartels as terrorist organizations.
Given these decisions, the president of Panama declared his rejection of Trump’s intentions. The Prime Minister of Canada said: “We are ready to face all the scenarios […] We will protect our national interests. ” And the president of Mexico warned: “That you hear well and far, Mexico is not a colony or protectorate of anyone. We are a free, independent and sovereign country. We will always defend our people and our homeland. ”
Some consequences of Trump’s decisions are:
- American unilateralism is a process of deterioration in world relations, alliances and powers confrontation. Vice Chinese Prime Minister, Din Xuexlang, said: “Protectionism does not lead anywhere and there are no winners in commercial wars.”
- The position in the face of climate change means withdrawing from multinational operation against a devastating and global tragedy. But, in addition, the US is the cause of 22% of the emission of greenhouse gases that produces climate change.
- A military intervention in Panama is violation of the sovereignty of the country and returns to failed experiences in Central America, such as Nicaragua in the 80s
- Mexican and Canadian export tariffs would mean a tax to US consumers and more inflation. But they also damage the economies of Mexico and Canada.
- The deportations of Mexican population will affect important economic activities of the US and, for Mexico, will cause the reduction of the amount of remittances of Mexican workers to their families.