Mexico

United States

Economics

The U.S. Treasury Department identified Mexican banks CIBanco and Intercam and brokerage company Vector Casa de Bolsa as being of primary money laundering concern in connection with illicit opioid trafficking over alleged laundering of millions of dollars for cartels, according to a June 25 Treasury press release.

U.S., Mexico: Treasury Restricts U.S. Business With Three Mexican Financial Institutions Accused of Cartel Financing

Politics

Mexican President Claudia Sheinbaum reaffirmed that she will pursue electoral reform aimed at reducing public funds for the National Electoral Institute and political parties and changing the system for electing legislators, La Jornada reported on June 24.

Mexico: Government To Continue Consolidating Power, Curbing Institutional Checks and Balances

The United States and Mexico are discussing a quota system to reduce tariffs on the volume of U.S. imports of Mexican steel, Bloomberg reported June 24. 

United States, Mexico: U.S. Quota on Mexican Steel May Ease Costs but Uncertainty Remains

Preliminary results for Mexico's June 1 judicial elections began coming out on June 2, indicating that all nine newly elected members of the Supreme Court are individuals the ruling Morena party promoted ahead of the election, El Pais reported on June 3. 

Mexico: Judges Aligned With Ruling Party To Control Supreme Court

Canada

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

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

Assessments

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China

(L-R) Colombian Foreign Minister Laura Sarabia, Chinese Foreign Minister Wang Yi and Honduran Foreign Minister Eduardo Enrique Reina attend a plenary session of the China-CELAC ministerial meeting at the Great Hall of the People on May 13, 2025, in Beijing, China. 

Global Trade

Latin America and the Caribbean will welcome China's increased engagement, but strong ties to the West and China's economic slowdown will limit Beijing's influence in the region.

Despite Stronger Trade Ties, China's Influence in Latin America Will Remain Limited

South Korea

Poland

Ukraine

Russia

Ukrainian, U.S. and Russian delegates meet for peace talks in Istanbul, Turkey, on May 16, 2025. 

Military & Security

Russia-Ukraine 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: Ukraine-Russia Talks, Mexico's First-Ever Judicial Elections

Snapshots

Japan

Europe

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

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

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. 

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

Forecast Webcast

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

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

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

U.S., Mexico: Treasury Restricts U.S. Business With Three Mexican Financial Institutions Accused of Cartel Financing

Mexico: Government To Continue Consolidating Power, Curbing Institutional Checks and Balances

United States, Mexico: U.S. Quota on Mexican Steel May Ease Costs but Uncertainty Remains

Mexico: Judges Aligned With Ruling Party To Control Supreme Court

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

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