Latin America Weekly: Another week of tariff threats, Brazil’s slowdown

Mexico's government has pulled out all the stops to stave off the 25% US import tariff that is scheduled to come into effect next Tuesday and another 11th hour deal remains a possibility. But if the tariff is imposed, it would have painful consequences for Mexico's economy - probably sending into recession. Elsewhere, we expect Q4 GDP data from Brazil to confirm that the economy's period of outperformance has come to an end.