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Brazil & Southern Cone - April 2025

Any silver lining for Latin America in Washington's trade war?

US President Donald Trump’s tariff war has been described as the biggest blow to the global trade order in a century. As the meltdown in stock markets has shown, it threatens to derail the world economy, including Latin America. From Mexican fruit farmers and auto makers to Argentine and Brazilian steel and aluminium manufacturers, numerous sectors stand to lose out if the tariffs remain.

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