The return of Donald Trump to the presidency of the United States, after taking the oath of office on January 20, 2025, has generated intense global debate. However, one positive aspect that has caught the attention of experts is his focus on negotiating bilateral trade agreements. His pragmatic policy could revitalize key trade relationships and open new opportunities for both emerging and developed economies.
One of the major achievements of Trump’s first term was the renegotiation of the North American Free Trade Agreement (NAFTA), transforming it into the United States-Mexico-Canada Agreement (USMCA). This agreement updated key provisions in sectors such as the automotive industry, intellectual property, and digital trade, adapting them to the demands of the 21st century. His return could strengthen the implementation of the USMCA, benefiting millions of workers and businesses in the region.
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In the Pacific, the trade relationship with Japan also stands out as an example. During his first term, Trump promoted the U.S.-Japan Trade Agreement, which reduced tariffs on agricultural products and technology. This pact demonstrated that a bilateral strategy could be effective in consolidating economic relationships without the need for large trade blocs. With his return, he could seek to expand the terms of this agreement, incorporating sectors such as energy and artificial intelligence.
Another relevant case is his approach to agreements with the United Kingdom after Brexit. Trump advocated for a bilateral treaty to strengthen commercial collaboration between the two nations, particularly in the pharmaceutical and financial sectors. Although this did not materialize during his first term, his return could revive talks, giving a boost to the British economy and solidifying the U.S. position as a priority partner.
The positive impact of this bilateral policy lies in its ability to adapt to the specific needs of each country, promoting fair and mutually beneficial trade relationships. While his disruptive style has been criticized, it also offers an opportunity for the United States to lead the redefinition of global trade rules in an era of economic transformation.
With a renewed focus on bilateral agreements, Trump’s return could mark the beginning of a new phase in international trade, driving economic growth and strengthening ties between nations.
