Latin America faces a trade storm due to the increase in tariffs in the U.S. (10% from 2025) and the rise in internal labor costs. The region is not fully prepared: its export competitiveness is weakening and regional integration remains insufficient.

The CEPAL warns that in 2026 the impact will be greater, with a risk of economic stagnation. The main challenges include dependence on the U.S., regional fragmentation, competition from Asia and Europe, and social vulnerability due to potential job losses.

The risks encompass margin erosion, social tensions, and energy dependence.

The recommended strategies are to diversify markets towards Asia and the EU, deepen regional integration, offer fiscal and energy incentives, promote innovation and productivity, and build a strategic narrative that attracts investment and conveys resilience.

👉 In a single sentence: Latin America faces a trade shock that threatens its growth, but it can turn it into an opportunity if it diversifies markets, integrates its region, and bets on innovation.