Trump has “only” imposed the reciprocal minimum tariff of 10 percent on almost all South American countries. What is the reason for this and what consequences could it have for the region?

Even if he will still change his customs policy, the damage has already been done: Investors are unsettled and will reduce their investments in the country. This will affect German companies in particular.

Because of Trump, the region will seek to expand relations with other partners. China in particular will benefit from this, but Europe also has the opportunity to strengthen cooperation.

President Milei has stabilized the country in a serious crisis. Now he must continue his reform course. A further recovery of the continent’s second largest economy would be important for South America.

Investors are showing a surprisingly high level of interest in new concessions. The government now wants to increase the proportion of private participation in them.

The country is currently readjusting its position in global politics. This could become a strategic advantage for the most important investment location for the German economy in South America.

Despite rising public debt, Latin America’s largest economy is approaching investment grade – a good sign for the entire region.

The Brazilian economy is once again performing significantly better than expected. Nevertheless, financial investors remain cautious in the face of rising government spending.

At present, China could significantly expand its political influence in South America. There are a number of important events coming up in the second half of the year.

Venezuela’s economy could boom in the near future. But this requires the rule of law.