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Trade

Lightly Impacted Latam Still Faces US Tariff Risks

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  • US President Donald Trump’s now-delayed reciprocal tariffs were relatively light on Latin America, especially compared to Asia.

  • But experts are skeptical that levies can meaningfully shift supply chains toward the Western hemisphere.

  • Crucial oil and gas trade flows are not generally affected, but impacts to the regional economy and global energy demand could still spill over.

The Issue

Topics:
Tariffs, Trade, Policy and Regulation
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