Could Many Jobs Be Created in Latin America under US Plan to Move Plants from Asia?

Mauricio Claver-Carone, Donald Trump's candidate for the IDB presidency, said that the US is preparing a program to encourage multinational companies to set up their plants in the region.

RIO DE JANEIRO, BRAZIL - The news was released on Wednesday in Washington. The person in charge of the announcement was Mauricio Claver-Carone, advisor to President Donald Trump. "We are essentially creating a 'Return to the Americas' initiative,'" said the White House candidate for president of the Inter-American Development Bank.

He was referring to a plan that could revolutionize the labor market in many Latin American countries, at a time when it is more than ever battered by the economic collapse caused by the global response to the COVID-19 pandemic. Specifically, financial incentives will be used to encourage . . .

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