Canada

Mexico

United States

Economics

The U.S. Commerce Department published rules for companies to obtain discounts on U.S. auto import tariffs, El Economista reported on May 20.

Canada, Mexico, U.S.: USMCA Auto Tariff Discount To Partially Preserve Preferential Access to U.S. Market

Politics

The United States announced a 15-day suspension of Mexican live cattle, horses and bison imports through the southern U.S. border over New World screwworm pest concerns, La Jornada reported May 11.

U.S., Mexico: U.S. Import Suspension of Mexican Livestock Illustrates Washington's Volatile Policy Decisions

The United States and Mexico reached agreements on a recent dispute involving a 1944 water-sharing deal and on a controversy around the handling of the livestock pest screwworm, Reuters reported on April 28.

U.S., Mexico: Agreements on Contentious Issues Unlikely To Reduce Trade Tensions Over Coming Months

Ecuador

El Salvador

Social Issues

The United States Homeland Security Department announced it will air TV and internet ads across the country and abroad incentivizing undocumented migrants to "self deport" and others not to enter the country illegally, La Jornada reported April 21.

U.S., Latin America: U.S. Anti-Migration Ads to Spark Controversy but Unlikely to Trigger Diplomatic Crises

Environment, Science & Technology

Science & Technology

U.S. President Donald Trump accused Mexico of violating a 1944 water-sharing treaty and threatened to impose sanctions and tariffs on the country, El Pais reported on April 10.

U.S., Mexico: Water Dispute To Fuel Further Risks of U.S. Economic Retaliation Against Mexico

Mexican President Claudia Sheinbaum detailed the government's six-year so-called Plan Mexico aimed at boosting output, investment and the labor market, El Pais reported April 2.

Mexico: Government Unveils Detailed Economic Plan Following U.S. Tariff Announcement

Europe

U.S. President Donald Trump signed a presidential proclamation on March 26 implementing a 25% tariff on all imported passenger vehicles and major auto parts, such as powertrain parts, going into effect on April 3 and May 3, respectively.

U.S.: White House Announces 25% Tariffs on All Passenger Vehicle Imports

China

Mexican President Claudia Sheinbaum said her administration would review tariffs on Chinese shipments, mentioning the negative impacts imported goods from China have on the country's textile and shoe industries, Bloomberg reported on March 6.

Mexico, China: Tariff Review on Chinese Goods Shows Mexico's Alignment With U.S. Amid Tariff Threats

Snapshots

Japan

South Korea

A U.S. courthouse facade with columns in lower Manhattan, New York.

Global Trade

The court ruling nullifies most -- though not all -- of the Trump administration's tariffs, giving U.S. trading partners temporary breathing room in negotiations while the White House searches for alternative trade measures.

The White House's Tariff Ambitions Bend -- But Do Not Break -- Under the Weight of a Court Ruling

Assessments

Members of the National Association of Magistrates and District Judges hold a massive Mexican flag during a protest in Mexico City, Mexico, on Sept. 11, 2024, after Mexico's Senate approved controversial judicial reforms. 

Military & Security

The likely strong performance of candidates aligned with the ruling Morena party will undermine checks and balances and create regulatory uncertainty for businesses over the long term.

What's at Stake in Mexico's First-Ever Judicial Elections

Trucks travel by the U.S.-Mexico border after crossing the border into the United States at Otay Mesa, California, on April 2, 2025. 

Although U.S. tariffs will hurt Mexico's economy in the short term, they may eventually grant Mexico a competitive advantage over countries that face even higher duties.

The Buffers That Will Help Mexico Navigate Tariff Turbulence

Media

Iran

Israel

Australia

Philippines

Ukraine

Russia

Forecast Webcast

Russia-Ukraine Conflict

U.S.-China Relations

U.S.-Iran Relations

Join our analysts for this webcast recording exploring key topics identified in RANE's 2025 Second-Quarter Forecast.

2025 Second-Quarter Forecast Webcast

Vietnam

United Kingdom

U.S. President Donald Trump delivers remarks on reciprocal tariffs as U.S. Secretary of Commerce Howard Lutnick holds a chart during an event in the Rose Garden entitled ''Make America Wealthy Again'' at the White House in Washington, D.C., on April 2, 2025. 

Trump's sweeping new tariffs will slow both U.S. and global economic growth, with lower-income Americans and emerging markets like Vietnam being hit hardest.

The U.S. Launches the Largest Trade War in Modern History

Columns

On Geopolitics

U.S. President Donald Trump speaks from the Oval Office on March 7, 2025, after announcing that tariffs could be imposed on Canadian dairy and lumber products within days. 

The expanding scope of Trump's trade wars, coupled with the whiplash of tariffs being enacted and then suspended, begs the question: what is driving this strategy and what, if anything, will constrain it?

Trump's Emerging Trade Doctrine

Americas

Energy

Trump's trade and tariff policies will create new challenges for manufacturers seeking to move their operations closer to the U.S., but broader global dynamics will likely prevent a reversal in nearshoring trends. 

The Geopolitics of Trade: Rising Threats to Nearshoring in the Americas

Palestinian Territories

A truck drives toward the Canada-U.S. border crossing in Blackpool, Canada, on Feb. 2, 2025.

Israel-Hamas Conflict

A look at what the coming week will bring -- and a list of recommended RANE articles from the week that was.

The Weekly Rundown: An EU Summit on Ukraine, U.S. Tariffs on Mexico, Canada and China

Shipping containers are seen at the Port of Montreal in Montreal, Canada, on Feb. 3, 2025. 

Sustained U.S. tariffs on Canada and Mexico would undermine North American economic growth and integration, and Trump's apparent willingness to accept these costs raises the risk of his other large tariff proposals being implemented.

The High Stakes of U.S. Tariffs on North American Trade

Democratic Republic of the Congo

Rwanda

Trucks wait to enter United States on Nov. 26, 2024, at the Otay crossing port in Tijuana, Baja California state, Mexico.

The Weekly Rundown: Trump's Tariffs, Congo Braces for More Fighting in the East

Migrants from Mexico and Guatemala are apprehended by U.S. Customs and Border Patrol officers after crossing a section of the U.S.-Mexico border in Ruby, Arizona, on Jan. 4, 2025.

Such designations would harm Mexico's economy, business climate and ties with the U.S., as well as potentially its security environment if they lead to unilateral U.S. action on Mexican soil. 

The Impacts of U.S. Terrorist Designations Targeting Mexican Cartels

Costa Rica

Dominican Republic

Guatemala

Panama

Lebanon

Hungary

U.S. Secretary of State Marco Rubio and his wife Jeanette Rubio arrive at the State Department in Washington, D.C., to speak to employees on Jan. 21, 2025. 

The Weekly Rundown: Israel-Lebanon Ceasefire Expires, Rubio Tours Latin America

Mexico is defined by dramatic geographic features that have shaped the country's politics. Forming the southern portion of North America, Mexico borders the tropical Central American isthmus, a broad band that defines Mexico's northern border with the United States. To the east and west, the Sierra Madre Occidental and the Sierra Madre Oriental dominate the Pacific and the Caribbean coasts, forming highlands that cradle of the modern heart of Mexico. The desolate Baja California peninsula shields approaches from the western sea. To the east, the tropical limestone outcropping named the Yucatán peninsula dominates entry from the Caribbean into the Gulf of Mexico. Mexico's central valley, which includes Mexico City and the adjacent Veracruz region, form Mexico's core.     To control Mexico City is to control Mexico, and the greatest conventional threats to Mexico City have traditionally come from the deepwater Port city of Veracruz. Since the 16th century, Spain, France and the United States &mdash; not to mention numerous mutinous factions of the Mexican military &mdash; have used Veracruz to threaten and even conquer what is now Mexico City. Mexico's mountains and frontier territories are traditional hotbeds of unrest. From the rebels of Chihuahua to the drug kingpins of Tierra Caliente and Sinaloa, the historical and ongoing challenge for Mexico is to subdue and incorporate far-flung, geographically-isolated communities. The modern expression of this struggle can be seen in today's war with drug trafficking organizations, but it is a pattern that has been repeated throughout history and has been shaped by Mexico's physical geography. 

SITUATION REPORTS

Canada, Mexico, U.S.: USMCA Auto Tariff Discount To Partially Preserve Preferential Access to U.S. Market

U.S., Mexico: U.S. Import Suspension of Mexican Livestock Illustrates Washington's Volatile Policy Decisions

U.S., Mexico: Agreements on Contentious Issues Unlikely To Reduce Trade Tensions Over Coming Months

U.S., Latin America: U.S. Anti-Migration Ads to Spark Controversy but Unlikely to Trigger Diplomatic Crises

U.S., Mexico: Water Dispute To Fuel Further Risks of U.S. Economic Retaliation Against Mexico

Mexico: Government Unveils Detailed Economic Plan Following U.S. Tariff Announcement

U.S.: White House Announces 25% Tariffs on All Passenger Vehicle Imports

Mexico, China: Tariff Review on Chinese Goods Shows Mexico's Alignment With U.S. Amid Tariff Threats

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