
Why Chile is the latest LATAM country to be caught in a U.S.-China power struggle
CNBC
The spat comes just days before a Latin American leader's summit in Miami and two weeks before Chile's incoming right-wing government takes over in Santiago.
Chile is the latest Latin American country to have become embroiled in a U.S.-China power struggle.
The country, which counts Washington as its top foreign investor and Beijing as its largest trading partner, is facing pressure from the White House over a subsea cable project with links to China.
In a surprise move, U.S. Secretary of State Marco Rubio said late last week that the Trump administration would impose visa restrictions on three Chilean officials tied to a digital cable project proposed by Chinese firms, alleging a security threat.
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