2020 US election outcome could impact Latin American trade, tariffs, and monetary policies.

Latin American nations are closely monitoring the U.S. election, as its outcome could significantly influence trade, tariffs, and monetary policies. A Trump win may escalate trade tensions with China, particularly affecting Mexico, while potentially raising inflation and interest rates globally. Conversely, a Harris victory is expected to stabilize trade relations and lower tariff risks, benefitting South American economies with less reliance on U.S. remittances and exports.

October 21, 2024
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