Abstract: the peculiarities of Latin American region's exit from recession and the reasons for the slow transition to the phase of dynamic development are considered. The external financial positions of the region in the context of volatility in the world financial markets are reflected. An assessment of the possible risks and consequences For the Latin American region of D. Trump's protectionist policy in the field of foreign trade is given. It is stated that the possibilities of the region to achieve sustainable development remain in question.