This could affect Trump's victory in Spain: economic changes are coming

Provide technical support for the nomination of the Republic Donald Trump democratic candidate Kamala Harris, la victoria del expresidente de EEUU ha sido clara in the 2024 elections.

it seems to me Donald Trump is not exactly a “name” to be interested in Spanish ads. Protection and protection of policies related to the agroalimentario sector, the pharmaceutical industry or the automotive industry.

In the end, pay attention to everyone, remember him Spain exported 70,000 tons of olive oil to the United States in the first semester of this year. There is almost no basis aseitunas Made in Spain (accounts for 35% of total exports).

Donald Trump had a previous mandate, which was in turn. Application of 14% tariffs on all imports. Entre ellas, el aceite de oliva español.

Next, we show what consequences Donald Trump's economic policy in the EU will have on the European Union (EU) and Spain.

What will be the economic policy of Donald Trump?

For the next four years, El que será de nuevo Presidente de EEUU made it very clear in his campaign act in Pennsylvania: “No compran nuestros coches, no compran nuestros products agrículos. Millions of cars are sold in the US. Van a tener que pagar un alto precio”. Apply to the European Union.

More precisely, it should be done industrial automotive industry europe. But it covers the rest of the sectors. This idea needs to be implanted arancel de entre el 10% y el 20% a todas las importaciones. In China, this percentage will increase to 60%.

You can pay UE one euro, The cost will be around 180,000 million. Asi lo estiman desde el Instituto de Economía Alemana. Last year, the EU exported goods worth 502,300 million euros to the EU. This is a common part of any European export.

Cars and vehicles were the largest EU-to-EU sales (€207,600 million). Then comes chemical products (137,400 million euros) and other manufacturing products (103,700 million euros). These three blocs account for almost 90% of exports.

En el caso de España fue el séptimo mayor país exporter EEUU in 2023: 18,904 million euros. However, the most traded goods were machinery and mechanical devices. La automoción se situó en cuarto lugar.

Together, there are approximately 28,000 Hispanic companies that will be affected by the economic policies of the new US administration.

What will happen to the dollar and the euro?

Los annalistas lo tienen claro: Donald Trump will take on protectionism, tariffs and renegotiation of trade agreements to reduce the country's deficit. También que el dolar sacará músculo.

Banco Central Europeo (BCE) no reducir quedaría no europea resenttiendo economía más fuerte, y la economía. ¿How will you be in 2025? The homónimo que todo lo contrario que estadounidense you need: la Reserva Federal podría subbirlos.

The result? In Euros. Eso will have pros and cons. Exporting companies could sell more, but would increase import costs. It is the source of energy for Spanish fuera de nuestras fronteras, que se paga en dolares.