Last Sunday in Colombia, Trump demonstrated his power by taking Petro's refusal to receive deportees as a challenge, highlighting the asymmetry in commercial relations between the United States and Colombia. While the Andean country sells about 30% of its exports to Americans, for the United States, that amount represents only 0.5% of its purchases. Diplomatic tensions can escalate quickly with Trump when it comes to immigration policies, which makes it clear that negotiation with Washington must be strategic, balancing the defense of national sovereignty and the protection of economic interests.
The crisis on Sunday in Colombia highlights the vulnerability of countries like Mexico in the face of the United States, as 84% of Mexican manufacturing exports go to the United States. Therefore, negotiation is crucial, although it is essential to keep in mind that a divorce from the United States is not a viable option. It is necessary to find ways to maintain a favorable relationship that does not jeopardize the Mexican economy, learning from the mistakes made by Colombia.
The blow to equity markets in the United States, especially the Nasdaq, was due to the drop in Nvidia's stock, which lost nearly 17%, representing the largest individual loss in a market session in financial history. The main reason for this drop was the fear of DeepSeek, the Chinese generative artificial intelligence application that challenges U.S. technologies.
The fear in the markets is based on the possibility that U.S. tech stocks are overvalued and that Chinese companies could disrupt this market with their innovations. The acceleration of changes in the global economic environment is generating a constant need for adaptation and management of unforeseen situations to maintain financial stability.
It is crucial for Latin America to strengthen ties with key teams like Trump's to avoid conflicts and ease tensions. Diversifying external markets is a necessary aspiration to reduce dependence on the United States, but in the short term, maintaining a close relationship with this country is imperative for economic stability.
