As Trump Talks Wall, China Builds Bridges to Latin America

[applegrove]

As Trump Talks Wall, China Builds Bridges to Latin America

http://abcnews.go.com/International/wireStory/trump-talks-wall-china-builds-bridges-latin-america-43625696

By JOSHUA GOODMAN, ASSOCIATED PRESS

SNIP..............


An expected U.S. economic retreat from Latin America under Donald Trump is causing the region's leaders to look halfway around the world, to China, for help weathering the possible financial headwinds.

They'll have the perfect opportunity to make their appeal this week when Chinese President Xi Jinping attends a Pacific Rim summit as part of a visit to Ecuador, Peru and Chile.

.....

Trump on the campaign trail pledged to break up trade deals such as the North American Free Trade Agreement, deport illegal migrants and build a wall to keep out millions from Mexico and Latin America, sending shockwaves across a region that for two centuries has looked northward for policy guidance.

Over the past decade China has displaced the U.S. as the main trading partner in country after country in Latin America as demand for the region's soybeans, oil and iron ore fueled the fastest growth in decades. But more recently, as China's demand for raw materials has been slowing, the region's economies have taken a hit, dampening the once-torrid love affair with the world's second-biggest economy.





..............SNIP

[Hoyt]

1. It's not just Trump opposed to trade deals. A lot of Democrats support reneging on the TPP.

Long-term, it will hurt us with South America, Canada, Europe, Asia, etc.