The newly imposed U.S. tariffs on Canada, Mexico, and China are reshaping global trade flows, with Latin American (LatAm) economies positioned to capitalize on export opportunities, according to Bank of America (BofA).
\ud83d\udd39 Short-Term Beneficiaries
\u2705 Brazil: Could redirect oil and agricultural exports to the U.S.
\u2705 Central America & Caribbean (CAC): Gains in food, light manufacturing, and semiconductor chips.
\ud83d\udd39 Long-Term Supply Chain Shifts
\ud83d\udcc8 Panama, Chile, and Costa Rica are well-positioned for supply chain relocations.
\ud83d\udcc8 Paraguay, Uruguay, and El Salvador could also benefit from trade diversification.
\ud83d\udccc Canada & Mexico: 25% tariffs (except 10% on Canadian energy), with a temporary delay.
\ud83d\udccc China: 10% tariffs effective February 3, 2025.
BofA warns that while the 25% tariffs could be short-lived, uncertainty remains, and extended tariffs would further accelerate supply chain shifts.
For real-time data on global trade and economic trends, check:
\ud83d\udccc Economics Calendar API
\ud83d\udccc Commodities API
