The United States and Latin America in the Trans-Pacific Partnership: Renewing Hegemony in a Post-Washington Consensus Hemisphere?

The nascent Trans-Pacific Partnership (TPP) trade agreement puts the United States at the center of an expanding liberalization regime connecting the Americas to the Asia-Pacific region. U.S. power is bound up with the globalization of Latin America's political economy, and the TPP is indicative of U.S. efforts to renew its hegemony in the region. It reinforces the importance of free trade on the post-Washington Consensus agenda, undercutting existing Latin American-led approaches to integration while responding to China's growing influence in the hemisphere. As the free-trade consensus is reconstructed through the TPP process, U.S. hegemony in the Americas is potentially extended even as it continues to face challenges in the structural, institutional, and ideological dimensions of intrahemispheric affairs.