n### Trump’s Inauguration and its Immediate Economic Impact
The inauguration of Donald Trump as the 47th President of the United States has already begun to reshape the economic landscape, both domestically and globally. On his first day in office, Trump wasted no time in issuing a series of executive orders that touched on critical areas such as immigration, climate change, and diversity. Among the moast notable actions were the temporary lifting of the TikTok ban, the annulment of regulations on artificial intelligence, and the withdrawal from the Paris Agreement and the World Health Organization.
On the economic front, Trump announced plans to impose a 25% tariff on imports from Mexico and Canada, effective February 1st. This move is expected to have significant implications for trade relations and market dynamics. Additionally, the President promised to boost American energy growth by revoking measures that had previously blocked drilling in most of the country’s coastal waters.
### Market Reactions and Key Indicators
The financial markets responded positively to the new administration’s policies. The S&P Merval index rose by 3.3%, reaching 2,619,719.26 basis points. Leading the charge were stocks such as Central Puerto (+9.1%), Edenor (+7.2%), and BYMA (+5.8%). Among the ADRs, America Corporation (+8.8%), Edenor (+8.8%), and Central Boy (+7.7%) stood out.
Country risk, as measured by J.P. Morgan, remained stable at 638 units. Dollar bonds also saw gains, with the Global 2029 (+1.4%), Bonar 2035 (+1.5%), and Bonar 2041 (+1.8%) leading the way.
### Trade Surplus and Economic Resilience
In a related development, December 2024 registered a trade surplus of US$1,666 million, marking the 13th consecutive month of positive balance. Exports surged by 33.4% year-on-year to US$7,035 million, while imports grew by 26.2% to US$5,369 million. the year 2024 closed with an accumulated trade surplus of US$18,899 million, underscoring the resilience of the economy.
### Summary of Key Economic Indicators
| Indicator | Value/Change | Details |
|————————-|—————————–|———————————————-|
| S&P Merval | +3.3% | Reached 2,619,719.26 basis points |
| Leading Stocks | Central Puerto (+9.1%) | Edenor (+7.2%), BYMA (+5.8%) |
| ADRs | America Corporation (+8.8%) | Edenor (+8.8%), Central Boy (+7.7%) |
| Country Risk | 638 units | Measured by J.P. Morgan |
| Dollar Bonds | Global 2029 (+1.4%) | Bonar 2035 (+1.5%), Bonar 2041 (+1.8%) |
| Trade Surplus (Dec 2024)| US$1,666 million | 13 consecutive months of positive balance |
| Exports (YoY) | +33.4% | US$7,035 million |
| Imports (YoY) | +26.2% | US$5,369 million |
| accumulated trade Surplus| US$18,899 million | For the year 2024 |
### Conclusion
The inauguration of Donald Trump has set the stage for significant economic shifts, with immediate impacts on trade, energy, and market dynamics.as the new administration’s policies begin to take effect, the global economy will be watching closely to see how these changes unfold. For more insights into the evolving economic landscape,stay tuned to our updates.
Headline:
Trump’s Inauguration: A New President, A New Economic Agenda - A Conversation with Dr. Maria Rodriguez
Introduction:
With Donald Trump inaugurated as the 47th President of the United States, the global economic landscape is witnessing significant shifts. Trump’s immediate economic actions, including tariff impositions and policy reversals, have sparked interest and speculation worldwide.To dissect these changes and their potential implications, we invited Dr. Maria Rodriguez, a renowned economist and international trade specialist, for an insightful discussion. Dr. Rodriguez shares her expert opinions on the Trump management’s economic agenda and its impacts on the global economy.
Interview:
senior Editor, World-Today-News (SE): Dr.Rodriguez, thank you for joining us today. Let’s dive right in. Trump’s first day in office was marked by a series of executive orders touching on crucial economic areas. What are your initial thoughts on these moves?
Dr. Maria Rodriguez (MR): Thank you for having me. Indeed,President Trump’s inaugural day was action-packed. The temporary lifting of the TikTok ban and the annulment of regulations on artificial intelligence signal a more business-kind approach. Though, his withdrawal from the Paris Agreement and the World Health Organization raises concerns about the U.S.’s role in multilateral efforts addressing climate change and global health. The economic front saw aspiring moves, with a 25% tariff on imports from Mexico and Canada hinting at Trump’s ‘America First’ policy.
SE: The proposed tariffs on Mexican and Canadian imports have sparked controversy. How might this impact trade relations and market dynamics?
MR: The proposed tariffs indeed have the potential to substantially alter trade relations. They could lead to retaliatory measures from Mexico and Canada, disrupting supply chains and hurting consumers and businesses in all three countries. Moreover, there’s a risk of a broader trade war, wich could negatively impact global market dynamics. However, it’s too early to predict the full extent of these impacts, as the situation is highly fluid and subject to negotiations.
SE: We’ve seen positive market reactions to these policies, with the S&P Merval index rising by 3.3%. What’s your take on this initial market response?
MR: The market reaction reflects optimism about the potential boost to corporate profits from deregulation and infrastructure spending plans mentioned in Trump’s agenda. however,investors should also be mindful of the risks associated with protectionist policies,such as increased trade tensions and potential slower economic growth. As more details on policy implementations emerge, markets will likely become more discerning in their interpretations.
SE: December 2024 registered a trade surplus of US$1,666 million, the 13th consecutive month of positive balance. How does this trend align with the new administration’s economic agenda?
MR: The accumulated trade surplus underscores the resilience of the U.S.economy, but it’s essential to consider both imports and exports when interpreting trade balances. A focus on boosting exports, as suggested by Trump’s policies, can contribute to maintaining a positive trade balance.However, protectionist measures, like the proposed tariffs, could possibly discourage imports, further benefiting domestic industries but potentially leading to higher prices for consumers.
SE: Lastly,dr. Rodriguez, what key economic indicators will you be watching in the coming months to gauge the impact of these policy changes?
MR: I’ll be closely monitoring the U.S. dollar’s strength, inflation rates, consumer confidence, manufacturing activity, and, of course, the trade balance. These indicators will provide valuable insights into the effects of Trump’s economic policies on the U.S. economy and,by extension,the global economic landscape. Additionally, I’ll be keeping an eye on international trade negotiations and market responses to gauge the broader impacts of these policy shifts.
SE: Thank you, Dr. Rodriguez, for sharing your expert insights. We appreciate your time and look forward to having you back as the situation evolves.
MR: Thank you for having me. I’m always eager to discuss these important topics.
