The Javier Milei administration’s diplomatic shift towards Washington is an opportunity for US President Donald Trump to start reducing China’s influence in Latin America. Trump’s Treasury Secretary Scott Bessent expressed it as part of the context of activating financial assistance: “Milei is committed to getting China out of Argentina,” he said in an interview.
Data shows that the Asian superpower’s investment in this country is US$23.345 billion, with its strategic value outweighing its quantitative and distributed among sectors where the United States would like to be.
Beijing not only financed but constructed and purchased assets in the sectors which today are the motor of Argentina’s recovery, from the Vaca Muerta shale formation in Patagonia to lithium in the north of the country. Nobody believes that the Trump administration will request disinvestment, rather “avoiding China making new investments in areas which might be sensitive for US geopolitical interests,” commented international trade expert Marcelo Elizondo.
The main obstacle
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