⚖️ Tangled Economies

Welcome to Latinometrics. We bring you Latin American insights and trends through concise, thought-provoking data visualizations.

If you’ve followed traditional orthodox advice and have invested part of your money in stocks, then this has been a rough week for you. We’re sending you grace and love and we understand if you need a nice strong drink.

If you live under a rock, or are lucky or paranoid enough to have placed all your money in cash under your mattress, then let’s recap. Last week, US President Donald Trump announced sweeping tariffs on just about every country and territory (even some surprising ones) in the world—with only a few notable exceptions.

Almost immediately, the markets reacted. Since Trump’s inauguration, over $11T in stock market value has been erased—and over half of that disappeared in just two days last week. Investors and businesses fear the impacts that sweeping tariffs – ranging from 10% to what could amount to over 100% for China – will have on global economic growth.

The United States is shaking the global trading system in a way that only it can. Of the 25 largest commercial relationships worldwide in 2023, nearly a third involve the US—including the top three, with Mexico, Canada, and China.

The only other Latin American appearance in the world’s Top 25 is the Brazil-China economic relationship.

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