Attention Economy


Tuesday, November 12, 2024

Trump 2.0 - Potential Impact on Mexico and Europe

Mexico Signals It Could Hit Back at U.S. With Tariffs of Its Own
https://www.nytimes.com/2024/11/12/world/americas/mexico-tariffs-trump.html
Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.
 
Trump’s Tariffs Could Deal a Blow to Mexico’s Car Factories
https://www.nytimes.com/2024/11/12/business/economy/trump-mexico-trade-tariffs-car-factories.html
The president-elect has said he could impose punitive tariffs on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.


Europe Braces for Trump: ‘Worst Economic Nightmare Has Come True’
https://www.nytimes.com/2024/11/12/business/economy/europe-economy-donald-trump.html
The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies.
 
Why the euro is tumbling
https://www.telegraph.co.uk/business/2024/11/12/why-germany-and-trump-are-crashing-the-euro/