The report will be launched via a hybrid press conference (in-person and on-line), led by the organization’s Executive Secretary, Jose Manuel Salazar-Xirinachs, according to a statement published on the ECLAC website.

The UN commission warns that global and regional trade will maintain its momentum in 2025, but its outlook will deteriorate in 2026.

The annual report offers projections for exports and imports of goods and services this year and the position of Latin America and the Caribbean in light of the recent economic situation.

It also examines the share of trade in two categories: goods with high technological content and services intensive in advanced human capital.

On April 2nd, US President Donald Trump announced a unilateral increase in tariffs on virtually all countries, but immediately granted a 90-day extension to calm market uncertainty and nervousness.

The tariffs vary from country to country, with the highest in the region being 50 percent applied to Brazil.

Analysts believe that this policy, in addition to global disruptions, is reigniting inflation and slowing the US economy.

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