The White House confirmed global tariffs that would impact Mexico and Canada.

The White House has confirmed that the tariffs of the so-called "Day of Liberation" will take effect immediately following their presentation this Wednesday. Spokesperson Karoline Leavitt assured that the measure will not have delays, marking one of the most aggressive trade decisions in the country's recent history.

Trump will make his tariff plan official at an event in the White House Rose Garden at 2:00 p.m. Mexico City time.

Although the final details have not been revealed, reports from the Washington Post indicate that Trump's advisors are evaluating a plan for a 20% tariff on products from all countries. It is estimated that this measure could generate revenues of more than 6 trillion dollars, which would be returned to citizens in the form of rebates.

An Immediate Global Impact

This policy  is not new in Trump's strategy. During his term, he already imposed strong tariffs on steel and aluminum, as well as widespread trade sanctions against China. However, his approach of imposing, canceling, or modifying tariffs has caused great uncertainty in international markets.

Trump argues that American workers have been harmed by free trade agreements. These agreements have facilitated a market of 3 trillion dollars in imports and have caused a trade deficit of goods exceeding 1.2 trillion dollars.

Economic Risks and Expert Warnings

Some economists warn that this measure could have devastating consequences. The Yale University Budget Lab estimates that a 20% tariff will cost the average American household at least 3,400 dollars a year. This would be raising inflation and reducing purchasing power.

Since mid-February, uncertainty about Trump's trade policy has led to a massive sell-off of stocks. This resulted in the elimination of nearly 5 trillion dollars from the value of the U.S. stock market.

The United States could impose more severe sanctions on Mexico and Canada.

Although the White House has not yet confirmed it, there is a possibility that new tariffs targeting its main trading partners, Mexico and Canada, will take effect this Wednesday.

On March 4, Trump established a 25% tariff on imports from these two countries. However, he granted a one-month extension for certain products covered by the USMCA.

If realized, starting April 2 these tariffs would begin to apply, which, in practical terms, would mean the collapse of the United States-Mexico-Canada Agreement (USMCA).

Despite this, there is still no certainty about the implementation of these measures, as the president has not issued recent statements on the matter. It is worth noting that on previous occasions, he has chosen to delay them.

With the world's eyes on Washington, the "Day of Liberation" could mark a turning point in the global economy. The question now is will its impact be a victory for the U.S. or the beginning of a new era of economic uncertainty?