For decades, the US was Latin America's dominant investor, trading partner, and lender.
Council on Foreign Relations
 

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Dear friends and colleagues:

 

For decades, the US was Latin America’s dominant investor, trading partner, and lender. No longer. Over the past 25 years, China has built a half-trillion-dollar-a-year trade relationship with the region, outbid US companies for infrastructure projects, and become the top partner for most of South America — leaving American businesses increasingly on the sidelines.

 

The Trump administration is pushing back. But tariffs and pressure campaigns alone won’t reverse the tide. In my latest piece for Bloomberg, I argue that Washington needs a national corporate strategy to match its National Security Strategy — expanding financing, leveling the playing field, and giving US companies the tools to compete.

 

Read the full piece here.

 

As always, thanks for reading.

 

Sincerely,

Shannon K. O’Neil
Senior Vice President of Studies
Maurice R. Greenberg Chair
Council on Foreign Relations
58 East 68th Street, New York, NY 10065
Tel: 212.434.9632
www.shannononeil.com

@shannonkoneil

Council on Foreign Relations

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