Seal says that Latin America Trump should suffer less from trade war
Latin American Business Council (CEAL) president Injo Plager said that Latin America could experience little impact on the trade war launched by Latin America.
In the global economic scenario, Plager believes that countries with more productive chains can greatly prevent the international market’s turmoil.
When participating in the analysis WW SpecialWith William Walk, which discussed the historical difficulties of Latin America, it has been facing many structural problems over the years.
According to Plager, who is also Vice President of the Brazilian Agribusiness Association (Abag), Countries with more complex production structures such as the United States, China and Brazil have a relationship between export and import divided by 25%of not exceeding 25%. According to him, they are not as closed economies, because of their range of their productive chains.
Pigger argued that the most influential countries due to the trade war were less productive chains such as the European Union, Japan and South Korea. “Who suffers more from these effects, not a long product chain, there is very little product chain,” he said.
In Latin America, the expert accompanies Brazil, Argentina, Paraguay and Uruguay, as well as Mexico, highlights as economies with more productive chains. This feature, according to the founder, provides a more stable resistance to the effects of the long -term trade war.
Challenges and opportunities to Brazil
Pigger believes that despite the favorable scene, Brazil is facing significant internal challenges. The country must work seriously in its competitiveness and productivity to take advantage of the opportunities that arise in this world.
The Seal President believes that the Brazilian aggrieves and energy transformation for the Bio Economic is with good views. However, it warns about the need for special care on the industry. “In industrialization, if we don’t work seriously, we will go to the last place.”
This scenario of global changes emphasizes the importance of Brazil to identify and prioritize the possibilities that arise. “If we don’t do this, we will be lagging,” the entrepreneur warned, emphasizing the necessity of strategic actions for the economic development of the country.
