US EditionLatin America weathered Trump tariffs better than feared: regional bank chief
- The impact of tariffs imposed by US President Donald Trump on Latin America has been less than expected, according to CAF President Sergio Diaz-Granados.
- Sergio Diaz-Granados noted that well-established trade networks helped Latin America mitigate the effects of the tariffs.
- Diaz-Granados emphasized that Latin America has certain comparative advantages over the American market.
- He warned that for Latin America to begin to structurally close the gaps in poverty and inequality, the region needs to grow above four percent.
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Latin America weathered Trump tariffs better than feared: regional bank chief
The impact of tariffs imposed by US President Donald Trump "has been less than expected" in Latin America, the head of the region's development bank told AFP in an interview.
The impact of the tariffs imposed by the US president, Donald Trump, “has been less than expected” in Latin America, said to the AFP the president of the Development Bank of Latin America and the Caribbean (CAF), Sergio Díaz-Granados. Dozens of economies around the world face U.S. customs tariffs, with the entry into force of [...] Trump's entry Tariffs impact less than expected in Latin America, says CAF president was first published in Informa…
Twenty years after the historic “NO to the FTAA” in Mar del Plata, the continent faces a new scenario of disputes between strategic political models. Free trade returns disguised as “green agreements”, “digital cooperation” and “strategic partnerships”, while the rules for economic negotiations and domination over strategic resources are imposed in a coercive manner, as evidenced by the deportations of migrants, maximum security prisons, militar…
The impact of the tariffs imposed by U.S. President Donald Trump, "has been less than expected" in Latin America, said to the AFP the president of the Development Bank of Latin America and the Caribbean (CAF), Sergio Díaz-Granados.Dozens of economies around the world face U.S. customs tariffs, as the "reciprocal" tariffs with which Trump threatened for a long time due to trade practices he considers unfair enter into force.
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