Transportation competition in Latin America: America for the Asians
The trade war between the great powers, the US and China, which began in 2016 under former President Trump and later under Biden, has exposed the loss of US competitiveness, especially in the transport industries, such as the automotive and aeronautics sectors. Chinese companies dominate new industries related to electric cars (EVs), while in conventional combustion cars (CA), the leaders are Asian (mostly Japanese) and German.