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Trade

Latin America Rides Out Trump’s Trade Storm With Help From China

Fishing boats near the Chancay Port in Peru, which was built with the aim of slashing shipping times between South America and China. — Fishing boats near the Chancay Port in Peru, which was built with the aim of slashing shipping times between South America and China.Photographer: Alessandro Cinque/Bloomberg

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By Beatriz Reis and Giovanna Serafim

January 22, 2026 at 12:00 AM UTC

Latin America braced for a colossal blow when President Donald Trump’s tariffs upended global trade last year. But it’s never been a better time for the region’s exports.

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