Abstract: This essay analyzes the multiple, simultaneous challenges and electoral processes currently affecting the situation and political-economic orientation of nations comprising the PacificRim, or spine, of Latin America. It examines the likely collapse of the trans-pacific partnership, the uncertain future of the Pacific Alliance, upcoming presidential elections in the next two years in Chile, Ecuador, Colombia, and Mexico, and another phenomenon, to conclude that the combination of these factors produces the possibility for significant change in the political and economic orientation of the region in the coming two years. It argues that such change, in combination with initiatives by the People’s Republic of China toward the region, could impact the commercial regime that links Asia and the Western Hemisphere, and indirectly, the security of the United States and the Region. The article recommends that decision makers in the U.S. and the region give more attention to the transformative potential of these dynamics in the short to medium term, and work to preserve the neo-liberal, democratic, pro-US orientation of these countries that are key to the future of the region.
Explainer: Free Trade Agreements under Trump
With right-left polarization amongst the region’s politicians, and growing U.S.-China competition among its economies, Latin America’s most likely response to any U.S. trade actions will be further intra-regional conflict and division.