🤝 The art of the deal?

Hello, and welcome to the LatAm Report, your pulse on Latin America’s power plays and economics. If you have any questions about this newsletter, or topics you’d like to see covered in future issues, you can reach us at [email protected] 

Trump flaunts Mexico, Panama concessions as sign of strength

Donald Trump’s tariff threats were put into action this week, as the US president placed import duties on his country’s three main economic partners: Mexico, China and Canada, who combine for nearly 45% of US imports.

Quick deals. While markets and analysts panicked about the effects of these tariffs, Mexico and Canada came to an agreement with Trump on the first working day after his announcement, promising to send troops to the border in exchange for a 30-day pause.

Panama, too. In a separate conflict, US Secretary of State Marco Rubio also secured concessions from Panama following Trump’s threat to re-take the strategic Panama Canal from the Central American nation if “Chinese influence” over the waterway was not curbed.

🌎 LatAm Report