Amid U.S. efforts to strengthen supply chains and counterbalance China’s growing influence, Mexico is poised to benefit from “nearshoring,” writes scholar Adrian Duhalt. This brief explores how the Inflation Reduction Act and rising trade tensions between the U.S. and China could help Mexico secure its top trading position with the U.S. for years to come.
Yemen’s Houthi have mounted a selective counter-shipping campaign in the Red Sea that has disrupted global trade between Asia and Europe. In a new issue brief, fellow Jim Krane describes how the attacks have triggered major shipping delays and expenses for firms based in countries friendly to Israel — effectively acting as economic sanctions and demonstrating the power of a non-state actor to undermine global norms around freedom of navigation.
President Vladimir Putin’s invasion of Ukraine has backfired in many ways. For one, it’s leading to a diminished Russian energy export economy and spurring Europe to a clean energy future, writes fellow Jim Krane.
Although Mexican President Andrés Manuel López Obrador is confident that measures implemented in the first half of his tenure will help Mexico to achieve energy self-sufficiency, his optimism must be weighed against the evidence, writes nonresident scholar Adrian Duhalt. In this brief, Duhalt explains the flaws in López Obrador’s plan and why Mexico is unlikely to achieve energy self-sufficiency anytime soon.
Although once known for its robust urea and ammonia production capabilities, Mexico found itself particularly vulnerable to soaring international fertilizer prices in 2021. With the global circumstances surrounding the spike in prices likely to linger through 2022, and Mexico's state-owned infrastructure still hampered by technical issues, the impact could be borne all the way to dinner tables in the form of higher nutrient prices for local farmers and food inflation.
Since all parties involved will undoubtedly bear the consequences of Trump's highly problematic Peace to Prosperity plan, it is worth examining its framework and how Israelis, Palestinians and Arab states can navigate the negotiation process.
This brief assesses the consequences of the Trump administration’s new policy on Israeli settlements in the West Bank, particularly within the context of past legal arguments and the stances of six previous U.S. presidential administrations.
The authors explain why unilateral annexation of the West Bank by Israel would have pernicious and lasting consequences, leading Israel to an unprecedented crisis of delegitimization, enhanced demonization and isolation.
The authors examine the recent attacks on oil infrastructure in Saudi Arabia and other Persian Gulf nations to shed light on the current state of U.S.-Gulf strategic relations and the potential directions of its evolution in coming years.