
South America's rightward political shift will deepen countries' security cooperation with the United States and attract selective U.S. private investment to strategic sectors, but it will not result in a larger supply chain realignment. Since late 2023, pro-business governments have taken office in Argentina , Bolivia, Chile and Ecuador, and still others will take office in the coming weeks in Peru and Colombia . Although commonly referred to as part of a single right-wing shift, these administrations do not share a single ideology, nor are they part of a unified regional movement, as they differ on economic doctrine, the pace of reform and social policy. Still, these governments have similar pro-business agendas, back stricter security policies and are in broad alignment with U.S. President Donald Trump's administration.