The commercial pact achieved between the United States and China in its negotiation in London avoids an “immediate crisis” between both powers but does not eliminate the uncertainty that surrounds the tariff policy of the Donald Trump administration, experts in an event organized by the FGS Global and Efe News consultant said Wednesday.
“With luck we have avoided at least the greatest immediate crisis, but one of the biggest current problems for the world economy is the lack of trust, the level of uncertainty that investors face,” said Matthis Kaiser, a partner in the Government Relations Division of FGS Global, a specialized signature in strategic consulting services.
Kaiser spoke in the forum that the consultant and EFE co -organized in Washington, which was focused on the future of tariffs and trade agreements, commercial relations between the US and their main partners and the regional impact of Trump’s tariff policy on supply chains.
Lee: Trump announces 55% tariffs to China as part of a new commercial agreement
The pact closed on Tuesday between the US executive and the Chinese, still pending approval, establishes that EU will impose 55% of tariffs on Beijing, which in turn will maintain 10% of encumbrances to the United States.
Their clauses include the approval of visas to Chinese students enrolled in American universities and the supply by Beijing to the US of any necessary rare land mineral.
“The big question is where do we go? From here, what is the new reference point? There will be changes. There will be more friction, since geopolitical competence is clearly affecting decision making among governments,” Kaiser added.
The agreement with China is parallel to the negotiation that Washington maintains with other partners after the launch on April 2 of the badly called “reciprocal tariffs”, on which a partial truce of 90 days is in force until early July while new taxes are negotiated.
“Trump does not have a particular attachment to any policy or any legal agreement if this is brought or prevents him from trying to achieve something else,” added lawyer David Olave, of the Sandler Slip, Travis & Rosenberg.
The macroeconomic panorama, according to Olave, “is uncertain”: “You plan a thing and the next day it changes. It is a new world. Some companies and products have a lot of room to be creative and find a solution, or at least not to be so affected. It will be tragic for some, but not for the economy in general while there is negotiation.”
Sarah Trister, managing director at FGS Global, estimates that Trump, in many ways, “is less ideological than many members of the Republican Party in the United States, who have been talking about China for ten years.”
For José Parra, also a partner of FGS Global and leader of FGS Próspero, the agency specialized in the Latin sector, regardless of the outcome of the tariff negotiation there has already been “a paradigm shift” in the United States decision -making process.
See: EU and China reach commercial agreement that includes more flexible controls on rare crucial earth, says Trump
And in this process, which Trump usually materializes through untimely messages published on his own platform, Truth Social, the Republican president, who on January 20 began his second term, is no stranger to the opinions that are poured over him.
“He is an avid consumer of media, social networks and cable. If he listens to him from his base, he will pay attention to him,” concluded the expert, while Trister added that he also weighs in his policy changes the situation of the “bond market, surveys and, to a lesser extent, Congress and what legislators hear in their own communities.”
With EFE information
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