All the talk around the world is populism; countries are installing new men and women “of the people.” The trend seems likely to continue, with Germany and France at the front of the talks.
However, Latin America may be experiencing the opposite.
Due to economic stagnation and a lack of advancement, many Latin American countries voted in populist governments in an attempt to bring forth change. Despite the initial boom, the region is facing its sixth consecutive year of economic deceleration.
Brazil, Peru, and Argentina are among the governments that are swinging from the left to the center-right. Such a swing has increased desire to trade with the United States, yet it’s unsure how international trade will be affected by the election of Donald Trump, who has said he will impose tariffs.