In South America, Trump already losing a trade battle with China
- Posted on November 11, 2024
- By Business News Today
- 3 Views
In South America, Trump already losing a trade battle with China
China's influence in South America, particularly in Peru, is growing rapidly, fueled by its demand for natural resources and investments in infrastructure projects like the Chancay megaport. This trend challenges the United States' traditional dominance in the region, as China becomes a preferred trade partner for countries like Peru and Brazil.