How U.S. Tariffs Could Impact Latin America
Source: SeekingAlpha
2025-04-17 05:45:00 ET
Summary
- Most Latin American countries will be subject to the 10% baseline tariff imposed by Trump that entered into force on April 9.
- We anticipate second-round effects, as growth in trading partners outside the region, such as the US, mainland China and Europe, is also likely to be significantly reduced by the tariffs.
- Latin American countries are mainly commodity exporters, and a slowdown in global trade and global economic growth is likely to soften commodity prices.
Most Latin American countries will be subject to the 10% baseline tariff imposed by US President Donald Trump that entered into force on April 9, with higher levies for Guyana (38%), Nicaragua (18%) and Venezuela (15%), although these have been paused for 90 days. Mexico is subject to a different tariff structure, with a 25% tariff implemented in March, although with significant exceptions....
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How U.S. Tariffs Could Impact Latin America
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