Tag: China influence in Latin America

Trump Won’t Accept the Deficit: USMCA Review 2026

On July 1, 2026, the U.S. officially refused to renew USMCA. "The United States did not agree to renew the USMCA in its current form," said USTR Jamieson Greer. The trade deficit is Trump's primary concern: 197,000 million dollars with Mexico plus 46,000 million with Canada in 2025, more than double what it was when USMCA took effect.

Fair Deal, No Loans: Peru’s US-Backed Naval Base

A deal to modernize Peru's naval base, backed by the United States, will upgrade Callao for $1,500 million, fully paid by Peru's own bonds, zero U.S. taxpayer dollars. Just 80 kilometers away, China's Cosco Shipping controls the Chancay megaport after a court ruling limited Peru's oversight. Keiko Fujimori, a likely incoming president, would push for closer defense ties with the United States and would scrutinize more closely China's role in Peru .