Donald Trump, after taking office as US president, may step up efforts to break ties between China and Latin American countries America. “Regarding Latin American relations with China, the US will intensify its efforts to isolate China in all areas. I think China will be a major challenger to the Trump administration because of its protectionist policies that will limit bilateral trade between Washington and Beijing. This will have a strong impact on the region as well, because they (the US) will try to cut off America as a whole from cooperation with the Asian power”, said Argentine journalist and doctor of economic sciences Jorge Elbaum.
At the same time, according to Elbaum, Trump will not give up the sanctions pressure on Venezuela, Cuba and Nicaragua, which, on the contrary, may push these countries to further rapprochement with the BRICS.< /p>
The expert also believes that Trump's protectionist policy could have a negative impact on the economies of Latin American countries, including in the case of Argentina, whose president has openly expressed support for the Republican candidate. “The relationship between Argentine President Javier Milli and Trump is mainly based on ideology, but Trump's policies are undoubtedly against Argentina's interests, because if the main interest rate of the Federal Reserve is increased, a significant part of international financial flows will flow out of - central countries and will lead to the depletion of their foreign exchange reserves”, said Elbaum.