This document analyzes the potential effects of increased U.S. tariffs on energy trade between the United States and Latin America and the Caribbean (LAC). It explores the impact on oil and oil product exports and imports in both the short and medium term and evaluates possible economic consequences such as a regional economic slowdown, price volatility, and disruptions to supply chains.
In addition, it proposes mitigation measures such as market diversification, strengthening regional integration, and promoting a transition to renewable energy to enhance the region’s energy resilience. The conclusions highlight the importance of diversification and adaptability in responding to the challenges posed by U.S. trade policy.
