During the past decade, South American leaders such as Hugo Chávez and Evo Morales have increasingly snubbed U.S. efforts to persuade them to adopt free-market policies. While Washington has been distracted by military campaigns elsewhere, rivals such as China, Russia, and Iran have expanded their clout in Latin America. American influence in the region has fallen to a historic low—at the very time that the United States has become more dependent than ever on Latin American export markets and commodities imports. Could it be that for the first time in history, the United States needs Latin America more than the other way around? Join The Chicago Council for a conversation with Financial Times correspondent Hal Weitzman on how the United States must reengage with Latin America if it is to maintain its role as a global superpower.