Latin America as nearshoring hub

Global supply chains are trending toward multipolarity, and Latin America is emerging as a practical nearshoring alternative: its critical‑minerals exports to Asia, rising agricultural exports to multiple markets, and a recent uptick in foreign direct investment make the region a supply‑chain corridor rather than a peripheral supplier. This shift is driven by tariff volatility, AI‑enabled supply‑chain decisions, and firms seeking lower political and logistical risk than long China‑centric chains. — If sustained, this reorientation will reshape trade policy, investment flows, industrial strategy, and geopolitical alignments across the Americas and Asia.