Canada

Mexico

United States

Europe

Economics

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

Politics

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

U.S. President Donald Trump signed an executive order on March 6 pausing 25% tariffs on Mexican and Canadian goods that comply with the U.S.-Mexico-Canada Agreement until April 2, although the 10% tariff on Canadian energy will remain in place, Bloomberg reported the same day.

U.S.: Trump Signs Order Pausing Tariffs on Some Canadian and Mexican Goods

U.S. President Donald Trump on March 6 announced on Truth Social that 25% tariffs on Mexican goods compliant with the U.S.-Mexico-Canada Agreement would not apply until April 2.

Mexico: Trump Announces Four-Week Delay to Tariffs on Mexico

U.S. President Donald Trump said he would pause tariffs on cars produced in Canada and Mexico for one month, The New York Times reported on March 5.

U.S.: U.S. Tariffs on Mexican, Canadian Cars To Pause for One Month

Canadian Prime Minister Justin Trudeau announced a package of retaliatory tariffs on U.S. goods on March 3 in response to 25% U.S. tariffs going into effect on most Canadian and Mexican goods on March 4, AP reported on March 4.

U.S., Canada, Mexico: Canada Imposes Retaliatory Tariffs on U.S. Goods While Mexico Waits

U.S. President Donald Trump ordered the Commerce Department to investigate whether timber or lumber imports harm national security, giving the department 270 days to conclude the investigation, Reuters reported on March 1.

U.S., Canada: Trump Orders Investigation Into Softwood Lumber Imports as 25% Tariffs Loom

Military & Security

U.S. Attorney General Pam Bondi issued a statement on Feb. 27 stating that Mexican authorities released 29 individuals linked to drug cartels, including some high-ranking cartel members, into U.S. custody the same day, Reuters reported on Feb. 28.

U.S., Mexico: Mexico Releases 29 Cartel Members Into U.S. Custody

Assessments

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. 

Global Trade

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. 

U.S.-China Relations

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

Israel

Palestinian Territories

Ukraine

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

Israel-Hamas Conflict

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 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

El Salvador

Guatemala

Panama

Lebanon

Hungary

Russia

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

U.S. President Donald Trump holds up an executive order after signing it during an indoor inauguration parade at the Capital One Arena in Washington, D.C, on Jan. 20, 2025.

Environment, Science & Technology

Science & Technology

While some will face legal challenges, Trump's initial orders on immigration, trade, energy and climate issues lay the groundwork for his ambitious agenda.

What To Make of Trump's Day 1 Executive Orders

Mozambique

South Korea

Security personnel walk on a road with buses blocking an entrance gate to protect impeached South Korean President Yoon Suk Yeol from a possible second arrest in Seoul on Jan. 6. If Yoon is not arrested, the opposition could again seek to impeach the country's acting president due to his insufficient support for the arrest efforts, worsening foreign perceptions of political instability in South Korea.

The Weekly Rundown: Mozambique's President Takes Office, the U.K. Chancellor Visits China

Angola

Cote d'Ivoire

Ghana

Kenya

Nigeria

Argentina

Brazil

Ecuador

Algeria

Iran

Iraq

Jordan

Kuwait

Qatar

Saudi Arabia

Syria

Tunisia

Turkey

United Arab Emirates

Yemen

Taiwan

Belarus

Pakistan

World map on a dark digital background representing global communication and global finances.

Cyber

RANE's Top 10 Risks for 2025 highlights high-impact, low-probability risks and trends from the annual forecast presented in more extreme terms.

RANE's Top 10 Risks for 2025

Snapshots

NYSE workers during morning trading Nov. 26 in New York. Incoming U.S. President Donald Trump is unlikely to place large tariffs on Canada and Mexico immediately upon taking office, but the mere threat to do so will likely chill investment in North America amid growing uncertainty about U.S. trade policy.

Though tariffs are unlikely, threats alone will likely chill investment amid growing uncertainty about U.S. trade policy.

Trump's Tariff Threats Alone Likely to Chill North American Investment

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.: 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

U.S.: Trump Signs Order Pausing Tariffs on Some Canadian and Mexican Goods

Mexico: Trump Announces Four-Week Delay to Tariffs on Mexico

U.S.: U.S. Tariffs on Mexican, Canadian Cars To Pause for One Month

U.S., Canada, Mexico: Canada Imposes Retaliatory Tariffs on U.S. Goods While Mexico Waits

U.S., Canada: Trump Orders Investigation Into Softwood Lumber Imports as 25% Tariffs Loom

U.S., Mexico: Mexico Releases 29 Cartel Members Into U.S. Custody

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