- Donald Trump will have a huge impact on Latin America this year
- Immigration policies will affect Mexico and Central America
- Fiscal policy could affect debtor countries in South America
- Colombia and Peru have the best outlook in the region for 2017
Those who argue that geography is destiny might see the coming year in Latin America as a case in point: the closer in Latin America you are to the United States, the worse the situation will be. The new year in the region will be shaped by two external factors: what President Donald Trump actually does and the prices of oil, soybeans, and copper. Every country will feel the impact of a Trump presidency to some degree. Mexico will be hit first and hardest. There is the threat of a wall being extended along the border between the two countries as well as draconian measures to restrict immigration and warnings of changes to come in the North American Free Trade Agreement (NAFTA).