It was manifested that the increase of the tariff provokes a distortion in global value chain. Francisco Castañeda, academic of University of Santiago in Chile, emphasized that the trade war affects to the demand of raw materials in a negative way, which damages small-sized economies such that of Chile.
Call for Participation: III Development Forum of Latin America and the Caribbean with China (August 17–18, 2026, Zhengzhou)
Organized by SELA and the Chinese Academy of Social Sciences (CASS), this forum will take place in Zhengzhou, China, on August 17 and 18, 2026. The event aims to enhance economic connectivity and foster shared prosperity through high-level strategic dialogue.



