Treasury Secretary Yellen calls for more US-Latin America trade, in part to lessen Chinese influence

WASHINGTON (AP) — Treasury Secretary Janet Yellen wants Latin America to trade more with the United States as part of an initiative that so far has failed to disrupt China’s dominance in global manufacturing.

Still, U.S. efforts to diversify supply chains with “trusted partners and allies” including select South American nations have “tremendous potential benefits for fueling growth in Latin America and the Caribbean,” Yellen says in a prepared speech slated for delivery on Thursday.

Yellen will kick off an Inter-American Development Bank investment event on the sidelines of the inaugural Americas Partnership for Economic Prosperity Leaders’ Summit, which will be […]

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By Donato