LatAm shows resilience to U.S. Tariffs

Date: 15 July

Economic growth across most of the region has been mostly undisturbed by the start of US tariffs. Resilient domestic demand and high commodity prices suggest economic stability will continue in most countries, except in Mexico, where the impact of trade uncertainty and fiscal consolidation have temporarily stalled the economy. Inflation shows relatively different dynamics due to domestic idiosyncrasies, but most countries are exposed to the same international shocks, which could justify greater caution in the monetary normalization process by central banks.

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Mauricio Monge

Economist, Latin America

Private: Mauricio Monge

Economist, Latin America

Mexico City, Mexico

Mauricio is a Senior LatAm Economist on the Macro team in Mexico City, focusing on Argentina, Ecuador, and Central America. He has over 8 years of experience in the international public and private sectors and holds a master’s degree in Macroeconomics from the Barcelona School of Economics.

Tim Hunter

Senior Economist, Latin America

Tim Hunter

Senior Economist, Latin America

Mexico City, Mexico

Tim is a Senior Economist in the Latin America macro team in Mexico City, responsible for country-level forecasts as well as broader LatAm research. Previously he worked in our Global Macro and our Scenarios and Macro Modelling teams. Prior to joining Oxford Economics, Tim gained experience as an economist in the UK Civil Service. He holds a master’s degree in macroeconomics from the Barcelona School of Economics and a bachelor’s degree in economics from the University of Bath.

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