Latin America's Moment
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Latin America's Moment

Latin America’s Moment analyzes economic, political, and social issues and trends throughout the Western Hemisphere.

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Trucks wait in the queue for border customs control to cross into U.S. at the World Trade Bridge in Nuevo Laredo, Mexico April 5, 2018. Daniel Becerril/Reuters

Mexico Knows How to Fight a Trade War

Trump has turned on longtime allies, labeling them a national security threat in order to levy 25 percent tariffs on steel and 10 percent on aluminum. For neighboring Mexico, this will affect some $3 billion in exports. While not insignificant, it is just a speck of the $300 billion-plus the nation sends north each year (for Canada, steel and aluminum comprise $11.5 billion of more than $300 billion in U.S.-bound trade). Read More

May 23, 2018

Brazil
Latin America Needs More Home-Grown Supply Chains

The Union of South American Nations (UNASUR) — an organization that once aspired to become South America’s answer to the European Union — quietly faded away last month. Deep divisions over Venezuela’s turmoil and internal leadership battles precipitated its demise. Yet its real vulnerability stemmed from something deeper: the economic isolation of its members. Unlike the European Union, Latin America’s multilateral bodies haven’t ignited commercial ties between their participants.

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May 7, 2018

Mexico
Mexico’s Ruling Party Is a Dead Man Walking

The PRI is dead, long live the PRI!  As Mexico hurtles toward a momentous election this July, the storied Institutional Revolutionary Party that dominated the country for nearly a century seems doomed. Sadly, however, while the PRI may implode, the clientelist system it created — and that holds Mexico back — will likely roll on.

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April 13, 2018

Peru
Trump's No-Show May Lift Summit From Swamp

President Trump's no-show means less drama and more space at Summit of the Americas for the main theme of corruption. 

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