import tariffs

Donald Trump's recent decision to impose tariffs on Canada, Mexico, and China has raised concerns about inflation and supply chain disruptions. With the threat of higher costs for goods like energy and automobiles, businesses may need to adjust their strategies in order to avoid financial strain. The impact of these tariffs will vary depending on each country's specific circumstances, but it's clear that this move could cause significant challenges for consumers and businesses alike.One of the main concerns surrounding Trump's tariff plan is its potential effect on inflation. By raising prices on imports from these countries, there's a risk that consumer spending could be dampened and that inflation might increase as a result. While some argue that tax cuts and deregulation could counteract this effect, it's still unclear what impact the tariffs will have on overall economic growth.Another issue is supply chain disruptions. With major trading partners like Canada and Mexico affected by these tariffs, businesses may find themselves struggling to source necessary materials or components. This could lead to higher production costs and potentially reduce the availability of certain goods. The auto industry in particular stands to be greatly impacted, as US imports from Canada and Mexico represent a significant portion of vehicle sales.Despite efforts to downplay fears about trade policy uncertainty, there's no doubt that these tariffs carry risks for businesses and consumers alike. Whether it's adjusting business strategies or facing higher prices on goods like gasoline, there are many potential consequences to consider before making any decisions regarding the implementation of these tariffs.

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.