Trump's election has created uncertainty for Latin American trade. If NAFTA is renegotiated or terminated as Trump suggested, Mexico would be most impacted as 80% of its exports go to the US. This could lower Mexico's growth from 2.5% to just over 2%. Currencies in leading South American economies like Brazil, Argentina, Colombia, and Chile have also dropped against the dollar by 4-11% since the election due to uncertainty over Trump's trade policies. Experts say Latin American economies will fluctuate until Trump's actual policies are clear.