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China presents a united front with Latin America, aiming to counter Trump's trade war

  • On Tuesday in Beijing, China strengthened its partnership with Latin American leaders by announcing a $9.2 billion credit line aimed at supporting the region.
  • This move follows growing strategic ties amid a trade war initiated by President Trump’s tariff hikes and aims to counter U.S. Protectionism.
  • Chinese President Xi Jinping emphasized cooperation through political, economic, cultural, and security programs while promoting the Belt and Road Initiative in Latin America.
  • Xi emphasized that tariff and trade wars have no winners and announced that China will grant visa-free entry to travelers from five Latin American nations, with plans to expand this policy to additional countries.
  • This strategy highlights China’s effort to deepen influence and create a counterbalance to U.S. Policies amid accelerating global risks and protectionism.
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freshplaza.com broke the news in on Monday, May 12, 2025.
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