And for US itās Hard to reverse
š The numbers that matter
ā¢ ChinaāLatAm trade: $500bn and rising
ā¢ U.S.āLatAm trade: still bigger, but volatility is growing
ā¢ In Brazil, Chile, Peru, Argentina, China already rivals or beats the U.S.
ā¢ Commodities dominate: oil, copper, iron ore, soy
š§ Why this is dangerous
ā¢ #China buys raw materials, not politics
ā¢ Infrastructure + trade = long-term lock-in
ā¢ Once supply chains flip, they rarely come back
ā ļøThe U.S. still leads today.
But China is setting the marginal price of influence.
And markets follow margins.