The U.S. trade deficit rose to a five-month high in July, with the politically sensitive gap with China hitting a record high, which economists said could embolden the Trump administration to aggressively pursue its “America First” agenda.
Argentina signed with China a raft of mostly farm-related agreements at a ceremony on Monday in Buenos Aires attended by Chinese Premier Wen Jiabao and his Argentine president Cristina Fernandez.
Uruguayan President Jose Mujica is visiting Venezuela and today held talks with President Hugo Chavez at the Miraflores presidential Palace.
Uruguay called on Brazil and Argentina to allow Mercosur junior members to reach unilateral trade agreements with third countries helping to boost the group’s dynamism.