Editorial: El Mundo

• Donald Trump has reversed his aggressive tariff policy that had threatened the global economy, alleviating markets and avoiding a trade collapse.
• Despite the temporary relief, there are doubts about the ongoing U.S. negotiations with Europe and China.
• In his first 100 days in office, Trump recorded the biggest stock market drop since Gerald Ford in 1974.
• The tariffs that still apply to China (30%) and Europe (10%) are above the norm.
• Trump's volatile and authoritarian behavior does not guarantee stability.
• Trump's treatment of his allies has created tensions that will be difficult to heal.

Conclusion: Trump's swings in tariff policy have caused unrest and mistrust, both domestically and internationally, with potential long-term damage to U.S. trade and relations.

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