US firm despite Trump's trade war: what now?

Published on May 09, 2026 | Translated from Spanish

Employment and growth figures in the United States remain in the green, but the real economy is moving forward with the handbrake on. The erratic tariff policies of the Trump administration, focused on a directionless trade war, generate uncertainty among investors and businesses. The result is a contained expansion, where caution dominates over optimism.

A green bar chart shows employment and growth in the US, but a huge metal handbrake blocks the progress of a factory and a stock exchange, all under a storm cloud labeled 'tariff trade war'.

Technological development slows due to tariff uncertainty 🤖

The technology industry, which depends on global supply chains, is one of the most affected. The imposition of tariffs on key components from Asia and Europe forces companies to delay R&D investments and seek alternative suppliers, raising costs and reducing competitiveness. Automation projects and data centers are put on hold due to the lack of clear long-term rules.

The art of tariffing yourself without breaking a sweat 🎭

While tariffs rise, investors pull down the shutters. It's like someone deciding to cut the branch of the tree they're sitting on, but with style. Companies see their margins shrink and consumers foot the bill, all while the president assures that the strategy is a success. The irony is that, to protect the economy, they are putting it on a forced diet.