Even as the country expands its ties with Beijing through the new Chancay port, Trump may find it inconvenient to pick a fight with Peru.
AS/COA Online looks at the origins, structure, and debates defining one of Latin America’s largest trade blocs.
"Anyone with any memory is skeptical," said AS/COA's Brian Winter to Associated Press.
The president-elect threatened 25 percent tariffs on Mexico and Canada and 10 to 20 percent rates globally. Learn about the hemispheric trade relationship.
Ahead of renegotiation, Mexico can use its leverage to strengthen economic ties with the U.S. and Canada, writes an expert.
"China under Xi Jinping has been keen to develop relations with Mexico," said AS/COA's Eric Farnsworth to the Financial Times.
Las relaciones comerciales con la región podrían ser más complicadas en el segundo gobierno de Trump, dijo el vicepresidente de Políticas de AS/COA.