Economist Christian Takushi is interviewed by Financial Sense in San Diego - Christian explains how the world, especially China, Europe and LatAm are reacting to a 2nd Trump Administration.
The audio is a courtesy of FS: the interview explores the potential winners and losers of a second Trump presidency, covering regions such as Europe, Mexico, Israel, South America etc.
He provides an update on the recent opening of the new Chancay mega port in Peru, a development that will significantly grow trade between China/Asia and South America. Christian examines the geostrategic implications of this event, Peru’s efforts to counterbalance it through a deeper military agreement with South Korea, and how the U.S. has responded to these developments.
Important caveat: Christian Takushi wants to highlight that President Xi showed understanding and responded well to the counter-balancing act by Peru. The signing of a defence treaty with a US ally at the same summit was a little bit of an "offence" in an Asian culture. But the stakes are high, this is the Western hemisphere and Washington is concerned that a long time US ally wants to do so much business with China.
Nevertheless, it was clear President Xi behaved very politely and was self-control. The Chinese did not display any overtly celebratory mood though. We should also remember Peru wanted America to build this port, but the USA showed no interest. Neither did Europe.
The Trump aides that say South American nations have sold out to China are throwing all these nations in the same basket. Such statements are counterproductive and only strengthen the hand of China in Latam and weaken the standing of those nations that make an effort to balance the growing China influence.
Summary: How are non-Western nations responding? APEC 2024 & G20 Summits in LatAm. How Peru balances China and USA with US-ally South Korea. Countries with investment potential during Trump's 2nd administration.
Independent Balanced Global Geopolitical Macroeconomic Research
by Macro Economist Christian Takushi - 28 Nov 2024.
GEOPOLITICAL RESEARCH MADE IN SWITZERLAND
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