The Trump administration’s plans to impose $50 billion in tariffs on Chinese imports, as well as tariffs recently placed on imported steel and aluminum and on imports of solar panels and washing machines, mark a distinct break from decades of U.S. trade policy, which long has generally favored lower tariffs and fewer restrictions on the movement of goods and services across international borders.
As a whole, Latin America enjoyed solid economic growth in the first decade of this century, with a fall in poverty, a decrease in income inequality and a rise of its middle class.