South America Chooses China Trade Despite Trump Pressure
The rise of Chinese economic ties in South America makes it harder for U.S. President Donald Trump to bring back U.S. dominance in the region. The libertarian President of Argentina Javier Milei took a practical shift after his start by criticizing China resulting in a 15% increase in Argentinian exports to China in his initial term, as reported by Reuters.
Trump achieved temporary success with his tariff strategy in Mexico Panama and Colombia. Experts and diplomats across the region do not expect these tactics to work well since China holds a strong position in regional trade. One Brazilian government representative stressed that Brazil earns $30 billion more exporting products to China than collaborating economically with the USA because China represents a practical partner who engages in trade deals.
Products shipped from South America to China increased by more than double in ten years but almost no growth happened when exported to the United States. Economic transition from commodity exports to China has occurred most strongly in Peru although it was once the biggest trade partner for the United States. Despite remaining U.S. allies Argentina accepts the economic value China offers with its soybean, beef and lithium imports. Democratic U.S. Representative Raja Krishnamoorthi urged his country not to turn into a destructive regional neighbor because it would weaken American power in global markets.
