...and demand that South American countries also enforce it in their territories and expect them to obey under Maduress.
I've mentioned before that Trump's view of South America is hopelessly Caribbean-centric. Most South American countries' top international trading partner is either already China, or China's share is within reasonable distance of the #1 partner. And it's getting worse: as soon as Chancay opened and knocked 20% off the shipping costs, three different Chinese companies began selling EVs in Peru; Tesla doesn't sell EVs in Peru.
This is typical of Trump's general world view. During his first term, he visited six foreign countries before he set foot in a state west of the Mississippi River (Cedar Rapids, IA). It was more months before he went farther west than Iowa.
2 weeks ago
There’s some speculation there that China is not ready and willing yet to take on the US in South America, and this move by the US has shown the rest of the continent that Xi is mostly talk.
The new deep-water port China funded at Chancay, Peru has entered the conversation. Peru has increased its seafood exports to China via Chancay. Bolivia has signed a deal to increase its lithium production and ship it to China via Chancay. Brazil is making noises about exporting semi-refined rare earth metals to China via Chancay. The truly paranoid are already muttering about China leasing adjacent space for a naval base.
...and demand that South American countries also enforce it in their territories and expect them to obey under Maduress.
I've mentioned before that Trump's view of South America is hopelessly Caribbean-centric. Most South American countries' top international trading partner is either already China, or China's share is within reasonable distance of the #1 partner. And it's getting worse: as soon as Chancay opened and knocked 20% off the shipping costs, three different Chinese companies began selling EVs in Peru; Tesla doesn't sell EVs in Peru.
This is typical of Trump's general world view. During his first term, he visited six foreign countries before he set foot in a state west of the Mississippi River (Cedar Rapids, IA). It was more months before he went farther west than Iowa.
There’s some speculation there that China is not ready and willing yet to take on the US in South America, and this move by the US has shown the rest of the continent that Xi is mostly talk.
The new deep-water port China funded at Chancay, Peru has entered the conversation. Peru has increased its seafood exports to China via Chancay. Bolivia has signed a deal to increase its lithium production and ship it to China via Chancay. Brazil is making noises about exporting semi-refined rare earth metals to China via Chancay. The truly paranoid are already muttering about China leasing adjacent space for a naval base.