Trump's Return Sparks Economic Policy Overhaul, Global Market Shifts

President Trump's trade policies are reshaping emerging markets globally, with varying impacts across regions. Mexico is expected to maintain low tariffs due to significant U.S. corporate presence, while Argentina may be insulated thanks to its closed economy. In contrast, commodity-dependent nations like Brazil and Chile could face challenges from falling global demand. Trump's return has sparked market volatility, with gold prices surging and U.S. tech firms losing ground against international competitors. His 'America First' agenda aligns with neo-mercantilist principles, focusing on tariffs and domestic production at the expense of global trade norms. This shift indicates a movement from cooperative trade practices towards a more aggressive, nationalistic economic strategy that could significantly alter both U.S. and global economic landscapes.