Brazil

Mexico

Economics

Mexico and Brazil signed several cooperation agreements on trade, healthcare, agriculture and energy during Brazilian Vice President and Trade Minister Geraldo Alckmin's visit to Mexico City, La Jornada reported on Aug. 28.

Brazil, Mexico: Economic Cooperation To Improve Bilateral Ties but Have Limited Business Impacts

United States

China

Global Trade

Politics

Mexico is set to raise tariffs on cars, textiles and plastics from China and other Asian countries to shield its businesses from cheap imports and appease the United States, Bloomberg reported Aug. 27.

Mexico, China, U.S.: Mexico To Impose Tariffs on Chinese Imports in Bid To Curry Favor With Washington

Military & Security

The U.S. Trump administration reportedly issued a top secret planning order to Northern Command in late spring to prepare to conduct lethal strikes against cartels in Mexico, with the attack plans to be ready by mid-September, according to multiple military sources, independent journalist Ken Klippenstein reported on Aug. 20.

U.S., Mexico: Trump Administration Reportedly Directed Military To Prep Lethal Strikes Against Cartels

The Mexican government detailed a plan to help state-run oil and gas company Pemex reduce its debt, boost production and become financially self-sufficient by 2027, El Economista reported Aug. 5.



Mexico: Government Plan for Pemex to Create Opportunities for Private Sector Companies 

U.S. President Donald Trump extended Mexico's existing tariffs for 90 days to allow more time for negotiations, Bloomberg reported on July 31.

U.S., Mexico: Uncertainty To Persist Despite 90-Day Tariff Reprieve

The United States will require Mexican airlines to file schedules with the Department of Transportation (DoT) for all their U.S. operations and seek prior approval for any large passenger or cargo charter flights to or from the United States, El Economista reported July 19.

U.S., Mexico: Air Transport Dispute to Disrupt Travel, Unlikely to Strain Bilateral Ties

Social Issues

Mexican President Claudia Sheinbaum signed a new telecommunications law into law, which will take effect on July 17, El Economista reported July 16. 

Mexico: Government to Expand Internet Access, Cut Costs with New Telecom Law

Mexican President Claudia Sheinbaum said her administration would seek to reach a deal with the United States to avert the 30% tariff on Mexican imports U.S. President Donald Trump announced on July 12, El Economista reported on the same day.

U.S., Mexico: Trump's Tariff Threat to Have Limited Impact on Mexico if USMCA Exemption Persists

Assessments

Ecuador

North Korea

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Russia

India

Helicopters fly in the sky during a rehearsal for a military parade Aug. 24 in Beijing.

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: An SCO Summit, Rubio Closes Security Deals With Mexico and Ecuador

Columns

On Security

DEA New York special agent in charge speaks to the press in New York City on Feb. 28, 2025, after the former leader of a brutal Mexican cartel, Rafael Caro Quintero, described by the White House as the world's ''most evil'' drug boss, pleaded not guilty to narcotics charges in New York.

Despite the political and diplomatic risks, Trump is more likely than not to launch some direct operations against Mexican cartels before he leaves office, potentially ranging from light and sporadic U.S. drone strikes to more extensive ground operations.

The Outlook for Trump's 'War' on Mexican Cartels

Canada

Cambodia

Japan

South Korea

Taiwan

Thailand

Europe

A Cambodian soldier stands on a truck with a rocket launcher in Cambodia's Oddar Meanchey province, which borders Thailand, on July 25, 2025. 

U.S.-China Relations

The Weekly Rundown: U.S. Tariff Deadline Passes, Thai-Cambodian Border Tensions Persist

Argentina

Belize

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El Salvador

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Haiti

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Nicaragua

Panama

Paraguay

Peru

Suriname

Uruguay

Venezuela

(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. 

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

Poland

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

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

Snapshots

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.-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

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

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

Brazil, Mexico: Economic Cooperation To Improve Bilateral Ties but Have Limited Business Impacts

Mexico, China, U.S.: Mexico To Impose Tariffs on Chinese Imports in Bid To Curry Favor With Washington

U.S., Mexico: Trump Administration Reportedly Directed Military To Prep Lethal Strikes Against Cartels

Mexico: Government Plan for Pemex to Create Opportunities for Private Sector Companies

U.S., Mexico: Uncertainty To Persist Despite 90-Day Tariff Reprieve

U.S., Mexico: Air Transport Dispute to Disrupt Travel, Unlikely to Strain Bilateral Ties

Mexico: Government to Expand Internet Access, Cut Costs with New Telecom Law

U.S., Mexico: Trump's Tariff Threat to Have Limited Impact on Mexico if USMCA Exemption Persists

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