
Panama’s President, José Raúl Mulino, announced on Thursday that the country will withdraw from the Belt and Road Initiative, the ambitious Chinese project to fund infrastructure to improve connectivity and economic cooperation with other nations. At the same time US Secretary of State Marco Rubio clarified the claim that Panama “had decided to remove fees for US government vessels transiting the Panama Canal”

Given US President Donald Trump's tariffs imposition spree that has already hit Mexico, Canada, and China, the European Union (EU) is considering retaliatory measures should these threats materialize. The European Commission is considering using the anti-circumvention instrument (ACI), which allows restrictions in response to coerci⁷ve trade actions by other countries.

The Panama Canal Authority Wednesday denied an earlier announcement by the U.S. State Department that ships flying its flag would pass through the iconic interoceanic waterway toll-free.

Brazilian President Luiz Inácio Lula da Silva said that his US colleague Donald Trump's idea to take over the Gaza Strip made no sense. He also found the idea of relocating the local population to other countries hard to swallow. The Republican leader made these announcements Tuesday after meeting at the White House with Israeli Prime Minister Benjamin Netanyahu.

US President Donald Trump announced Tuesday during a joint press conference with Israeli Prime Minister Benjamin Netanyahu at the White House that his country intends to seize control of the Gaza Strip and have the local population resettled elsewhere. The Republican leader said rebuilding the enclave was near impossible after it became a “demolition site” following Israel's retaliation for the Oct. 7, 2023, mass murders and abductions from the Gaza-based pro-Palestine terrorist group Hamas.

After agreeing with Mexico's Claudia Sheinbaum on a one-month pause for the imposition of 25% tariffs, US President Donald Trump reached an understanding Monday with Canadian Prime Minister Justin Trudeau, provided his northern neighbors acquiesced to a series of demands regarding border security, including higher spending on organized crime and drug trafficking fight, in addition to appointing an official specifically in charge of fentanyl, drug cartels, and terrorists. Under the new deal, Canada also agreed to launch a joint strike force to combat organized crime.

US President Doland Trump agreed Monday to put on hold for at least a month his decision to impose 25% tariffs on Mexican products after a conversation with his colleague Claudia Sheinbaum, during which new conditions were agreed upon.

US Secretary of State Marco Rubio met Sunday with Panamian President José Raúl Mulino, whom he told about the increasingly worrying control “control by the Chinese Communist Party” of the waterway linking the Atlantic and the Pacific Oceans. This situation is a threat to US interests, Rubio argued.

US President Donald Trump on Saturday signed the documents imposing a 25% tariff on Mexican and most Canadian goods and a 10% tariff on Canadian energy products and Chinese goods. The target countries announced retaliatory initiatives. The reciprocal import/export taxation will become effective Feb. 4.

Paraguay's Central Bank (BCP) has picked up the glove from US President Donald Trump's barrage of protectionist economic measures and spoke of higher financing costs among the possible consequences of the Republican leader's policies. In addition, the US dollar would keep its upward trend against the guarani amid global uncertainty. Hence, there would be no room for a reduction in benchmark interest rates.