Under pressure from President Donald Trump, who had threatened to take the Panama Canal back under U.S. control, the Panamanian government seized two ports at either end of the canal that had been run by a Hong Kong company. And when the U.S. captured Venezuela’s then-President Nicolás Maduro in January, China saw its extensive interests in the oil-rich country suddenly vulnerable.
The Trump administration in recent weeks has taken forceful steps in one Latin American country after another aimed at curbing the influence and economic dominance of China. As part of his quest to restore U.S. preeminence in the Western Hemisphere, the president is hosting Latin American leaders at his golf resort near Miami this weekend for a summit dubbed the “Shield of Americas.”