What will be the economic consequences of Trump's presidency?

During his speech, de la Torre reviewed the paradoxes, errors and successes contained in the economic discourse of the new president of the United States, Donald Trump. Specifically, he focused on the four points in which Trump can implement policies that are harmful to the global economy: tariffs, fiscal policy, mass deportations and monetary policy. "In politics, many things are promised that are not fulfilled and it is important to discern between what is said to be done and what can be done," he said.

In that sense, the chief economist at Arcano compared Trump's policy to a poker game. "He cannot intervene on the Federal Reserve Board because it is an independent entity and he is not going to implement the tariffs immediately. He will do it gradually because they are a bargaining tool," he said. On mass deportations of illegal immigrants, he said, "The logistical capacity of the United States to expel illegal immigrants is around 600,000. To increase it, it would have to resort to military means, and for that it would have to go through the Supreme Court", he said.