congressmen ask to transfer business activity from China to Latin America

The United States Congress.

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The other promoter of the bill, the Democrat Albio Siresestimated in a statement that “It is a fundamental part of our strategy to compete with China”. And he added: “By encouraging producers to move to Latin America and the Caribbean, we can contain the influence of China while creating economic opportunityaddressing the root causes of migration to the United States, primarily from Central America“.

They both belong to Subcommittee on the Western Hemisphere, Civilian Security, Migration, and International Economic Policy of the House of Representatives. For its part, China – a permanent member of the Security Council of the United Nations (UN) – is the first or second trading partner of many Latin American and Caribbean countries.

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The bill, introduced Thursday, “increases the standard of living in Latin America through foreign investment” and create a low interest loan program for companies to move their factories from China to Latin America, the promoters said in a statement.

How is it financed? “Chinese tariffs cost taxpayers nothing”They insisted, convinced that the project would curb the influence of the Asian country in the region.

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Kindness: IATI Seguros

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In February, the House of Representatives passed a bill to relocate electronic chips in the United Statesessential for the production of smartphones and automobiles.

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