The Americas Quarterly Podcast

Resilience Amid Chaos: An Overview of LatAm Economies in 2025

In this special mid-year episode, we take a step back for a look at where the region’s economies stand, and the picture is better than many expected. We evaluate the impact of Trump’s new tariffs, the short- and medium-term prospects for Mexico's economy, as well as positive indicators like falling inflation in Argentina and resilient growth in Brazil. Our guest is Ernesto Revilla, Chief Economist for Latin America at Citigroup, who returns to share insights on what to watch in the months ahead. 

Brazil vs USA: Risks and Possible Ways Out 

A major confrontation is brewing between the United States and Brazil, driven by the return of Donald Trump to the White House and the deepening legal troubles of his close Brazilian ally, former president Jair Bolsonaro. As Brazil’s judiciary pursues charges against the former president for attempting to overturn the 2022 election, Trump has retaliated with threats of steep tariffs and revoked visas for Brazilian Supreme Court justices. Meanwhile, the U.S. has launched an investigation into Brazil’s trade practices and electronic payment services, further straining relations. In this episode, we speak with Chris Garman, managing director for the Americas at the Eurasia Group, to unpack what’s at stake for both countries, why tensions are escalating, and what a way forward might look like.

Colombia Enters a Turbulent Election Season

As Gustavo Petro spars with Donald Trump, violence is surging in Colombia ahead of next year’s elections. The attempted assassination of conservative presidential candidate Miguel Uribe in June set off alarm bells all over Latin America. Since then, there have been other causes for concern, including a series of car bombs in Cali and news of a plot against another right-wing candidate. In this episode, political analyst Sergio Guzmán, director of Colombia Risk Analysis, joins us to explore why the security situation in Colombia has deteriorated, what’s ahead for the country’s economy and its relationship with the U.S., and which candidates seem best positioned ahead of the elections.

BRICS and China’s Influence in Latin America  

As Brazil prepares to host the 2025 BRICS Summit, questions are swirling about the future of the group, as well as China’s growing presence in Latin America. In this episode, we explore the shifting dynamics of global influence with Oliver Stuenkel, professor of international relations at Fundação Getúlio Vargas, in São Paulo, and a visiting scholar at the Harvard Kennedy School and the Carnegie Endowment for International Peace. We discuss Brazil’s evolving role within BRICS, Lula’s foreign policy choices—including his skepticism toward BRICS expansion and the Belt and Road Initiative—and what it all means for U.S.-Latin America relations.

Bukele’s Latest Crackdown  

The recent arrests of two prominent critics of El Salvador's President Nayib Bukele have sparked renewed concerns about the country's democratic backsliding. In this episode we discuss the detentions of attorney Ruth López and constitutional lawyer Enrique Anaya, both vocal opponents of Bukele, and what these developments might signal about the president’s tightening grip on power.  We also talk about challenges on the economic front and a slight dip in Bukele's sky-high approval ratings. Our guest is The Economist’s Mexico and Central America bureau chief, Sarah Birke. Sarah shares insights from her recent reporting trip to El Salvador, unpacking what’s happening on the ground and what to watch for in the months ahead.