Ernesto Araújo's appointment is a victory for the pro-Trump faction in Bolsonaro's government. But he’ll face powerful internal enemies.
Argentina will be the first South American country to host the Leaders’ Summit, as well as the first Latin American one to host U.S. President Donald Trump.
There are political and technical obstacles to a deal, but a free trade agreement would benefit both countries.
The new NAFTA, known as the USMCA, will be just one of more than 100 regional trade agreements in the Western Hemisphere.
"Even under normal circumstances, ratification of trade agreements is difficult. But these are surely not normal circumstances," says AS/COA's Eric Farnsworth in Metro.
"Un acuerdo trilateral es mucho mejor económica y políticamente", dijo el Vice Presidente de AS/COA, Eric Farnsworth, sobre el anuncio del USMCA.
AS/COA's Eric Farnsworth argues that USMCA is a "mash up" of existing free trade agreements.