If things had gone differently last week, U.S. President Joe Biden could have arrived at the Asia-Pacific Economic Cooperation forum in Peru on Thursday projecting confidence and pledging his successor’s cooperation with eager Latin American partners. No longer.
A giant Chinese state-owned port that will shorten South America n voyages to China and use automated, pilotless cranes and container ships is 98% complete, Peru vian authorities and local company managers said on Tuesday Chinese President Xi Jinping arrives at a BRICS Summit in Kazan, Russia, Wednesday, Oct. 23, 2024. A worker walks past a sign presenting the Asia-Pacific Economic Cooperation summit outside the Ministry of Culture in Lima , Peru , Tuesday, Nov. 12, 2024.
“With this port, we’re looking at the entire Pacific coast, from the United States and Canada all the way to Chile,” Peruvian Foreign Minister Elmer Schialer told The Associated Press in his office on Monday. “The shipping business is being transformed.” The misguided notion that Latin America must choose between its two largest trading partners is “a strategic defeat” for the U.S., said Eric Farnsworth, vice president at the Washington-based Council of the Americas.
China “is working to exploit insecurity in our hemisphere,” said U.S. Defense Secretary Lloyd Austin at the Southern Command headquarters in Florida this week, adding that the Asian giant is leveraging the need for investment in the Americas to advance its “malign agenda.” A Kamala Harris administration wouldn’t have changed that, but a Democratic victory would have enabled Biden to speak in Lima with authority about U.S. collaboration to come, such as building regional supply chains, Gedan said.
Peru’s top diplomat insists that the U.S. hasn’t ceded its dominant voice guiding discussions about trade at gatherings such as APEC — and doubted that it will, even under Trump.
China Lima South America Donald Trump Xi Jinping Joe Biden Peru Government General News Latin America United States Government Asia-Pacific Economic Cooperation Politics China Government World News Business Washington News Washington News
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