IBOV 176,444.54 ▼ 0.62% IPSA 10,924.91 ▼ 0.77% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,340,763 ▼ 1.15% COLCAP 2,298.59 ▲ 0.07% BVL PERÚ 57,575.02 — — USD/BRL5.08▲ 0.59% USD/MXN17.52▲ 0.77% USD/CLP946.49▲ 1.16% USD/COP3,197▼ 0.93% USD/PEN3.39▼ 0.24% USD/ARS1,489▲ 0.40% USD/UYU40.14▲ 1.16% USD/PYG6,025▲ 1.20% USD/BOB11.03▲ 3.57% USD/DOP57.95▼ 0.09% USD/CRC451.03▲ 2.18% USD/GTQ7.62▲ 2.29% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.48% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 0.20% BRENT 100.09 ▲ 6.40% WTI 91.72 ▲ 5.63% IRON ORE 161.91 — — COPPER 6.32 ▼ 2.09% GOLD 4,048 ▼ 2.40% SILVER 57.76 ▼ 3.77% SOY 1,241 ▲ 0.65% CORN 486.75 ▲ 5.36% WHEAT 694.50 ▼ 1.59% COFFEE 310.75 ▼ 1.86% SUGAR 14.68 ▼ 0.41% ORANGE JUICE 145.50 ▼ 3.19% COTTON 81.53 ▲ 2.08% COCOA 5,367 ▲ 0.73% BEEF 221.48 ▼ 0.77% CATTLE 340.13 ▼ 0.31% LITHIUM 68.89 ▼ 0.16% PETR4 42.89 ▲ 0.73% VALE3 75.44 ▲ 0.45% ITUB4 42.47 ▼ 1.00% BBDC4 18.76 ▼ 1.11% ABEV3 15.88 ▼ 1.55% BBAS3 20.94 ▼ 0.71% B3SA3 15.64 ▼ 1.64% WEGE3 45.10 ▼ 3.51% PRIO3 60.96 ▲ 1.99% SUZB3 42.37 ▼ 0.68% RENT3 36.96 ▼ 0.48% AZZA3 17.10 ▼ 3.99% CSAN3 3.91 ▼ 0.26% RAIZ4 0.27 — 0.00% PCAR3 2.87 ▲ 4.36% GMAT3 3.86 ▼ 1.28% PSSA3 55.26 ▼ 0.34% CVCB3 1.32 ▲ 3.94% POSI3 3.61 ▼ 2.43% SLCE3 13.74 ▼ 1.58% NATU3 8.61 ▼ 0.81% BRKM5 6.21 ▲ 2.31% RANI3 7.95 ▼ 0.63% CSNA3 5.33 ▼ 0.93% CMIN3 5.89 ▲ 0.86% USIM5 8.49 ▼ 1.85% GGBR4 24.06 — 0.00% ENEV3 25.72 ▼ 0.96% CPFE3 46.37 ▼ 0.73% CMIG4 11.21 — 0.00% EQTL3 38.99 ▼ 0.91% LREN3 13.40 ▼ 1.03% VIVT3 34.65 ▼ 2.06% RAIL3 13.95 ▲ 2.27% KLABIN 17.63 ▼ 1.67% RAIA DROGASIL 18.21 ▼ 0.44% RDOR3 33.83 ▼ 1.91% HAPV3 10.57 ▼ 7.20% FLRY3 16.64 ▼ 0.06% SMTO3 15.79 ▼ 1.62% UGPA3 33.17 ▲ 1.04% VBBR3 35.57 ▲ 1.69% BBSE3 42.54 ▼ 0.09% BPAC11 56.13 ▼ 1.56% CURY3 29.58 ▼ 2.05% AERI3 2.02 ▼ 1.46% VIVARA 21.57 ▲ 0.09% COMPASS 25.10 ▲ 1.17% VAMOS 3.19 ▼ 1.24% SANB11 26.61 ▼ 1.26% ASAI3 8.04 ▼ 4.29% SBSP3 29.00 ▼ 0.99% WALMEX 47.11 ▼ 3.17% GMEXICO 208.22 ▼ 3.16% FEMSA 222.68 ▼ 2.22% CEMEX 21.47 ▼ 3.16% GFNORTE 189.93 ▼ 0.88% BIMBO 59.16 ▼ 1.89% TELEVISA 9.83 ▲ 0.10% AMX 22.80 ▲ 0.48% GAP 377.43 ▲ 0.19% ASUR 269.72 ▼ 1.39% OMA 227.25 ▼ 0.63% KOF 179.87 ▼ 1.52% GRUMA 270.49 ▼ 3.55% KIMBER 39.20 ▲ 0.98% SQM-B 65,701 ▲ 0.99% COPEC 6,452 ▼ 1.50% BSANTANDER 79.56 ▼ 0.36% FALABELLA 6,080 ▲ 0.63% ENELAM 84.53 — 0.00% CENCOSUD 1,971 ▼ 1.93% CMPC 1,047 ▼ 2.15% BANCO CHILE 191.16 ▼ 1.21% LATAM AIR 23.62 ▼ 1.95% YPF 82,725 ▲ 0.27% GGAL 7,995 ▼ 3.38% PAMPA 5,640 ▲ 0.27% TXAR 681.50 ▲ 2.02% ALUAR 985.00 ▲ 1.13% TGS 10,060 ▲ 1.56% CEPU 2,423 ▲ 0.50% MIRGOR 16,800 ▼ 0.74% COME 42.88 ▼ 0.60% LOMA NEGRA 3,768 ▼ 1.12% BYMA 293.00 ▼ 0.85% TELECOM ARG 4,313 ▼ 2.43% ECOPETROL 16.42 ▼ 1.62% BANCOLOMBIA 86.37 ▲ 2.02% GRUPO AVAL 4.93 ▼ 2.18% CREDICORP 388.87 ▼ 1.22% SOUTHERN COPPER 183.84 ▼ 5.95% BUENAVENTURA 31.24 ▼ 2.65% MERCADOLIBRE 1,791 ▼ 0.47% NUBANK 14.24 ▼ 1.87% XP 16.83 ▼ 2.75% PAGSEGURO 9.44 ▼ 2.43% STONE 10.94 ▼ 3.70% GLOBANT 30.37 ▼ 0.98% TECNOGLASS 43.78 ▼ 3.19% GAP AIRPORT 215.36 ▼ 1.00% ASUR 269.72 ▼ 1.39% OMA AIRPORT 103.89 ▼ 1.39% AMX ADR 25.93 ▼ 0.75% FEMSA ADR 127.22 ▼ 2.83% CEMEX ADR 12.25 ▼ 3.73% PETROBRAS ADR 19.00 ▲ 0.56% VALE ADR 14.81 ▼ 0.30% ITAU ADR 8.35 ▼ 1.59% SANTANDER BR 5.35 ▼ 1.93% AMBEV ADR 3.10 ▼ 1.43% CSN 1.06 ▼ 2.75% GERDAU 4.73 ▼ 0.84% LATAM ADR 49.67 ▼ 3.10% BTC 64,656 ▼ 2.19% ETH 1,870 ▼ 3.31% SOL 75.46 ▼ 3.14% XRP 1.10 ▼ 3.36% BNB 565.39 ▼ 0.94% ADA 0.17 ▼ 3.10% DOGE 0.07 ▼ 5.43% AVAX 6.26 ▼ 5.40% LINK 8.44 ▼ 2.16% DOT 0.81 ▼ 2.54% LTC 46.87 ▼ 0.43% BCH 209.71 ▼ 4.66% TRX 0.33 ▼ 0.57% XLM 0.18 ▼ 2.68% HBAR 0.07 ▼ 1.07% NEAR 1.87 ▲ 0.06% ATOM 1.42 ▼ 3.17% AAVE 95.19 ▼ 2.23% SELIC 14.25% EMBRAER 83.77 ▼ 0.02% EMBRAER ADR 65.99 ▼ 0.09% JBS 12.11 ▼ 1.18% JBS BDR 61.51 ▼ 0.47% MBRF3 15.72 ▼ 1.93% MBRFY 3.06 ▼ 4.08% INTER 5.41 ▼ 4.92% EGX 53,932 ▼ 0.11% USD/ZAR16.82▲ 2.59% USD/NGN1,366▼ 0.48% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY163.83▲ 0.42% USD/CNY6.77▼ 0.05% DAX 24,763 ▼ 1.56% CAC 8,299 ▼ 1.64% FTSE 10,639 ▼ 0.73% MIB 51,316 ▼ 2.80% IBEX 19,267 ▼ 1.55% STOXX 639.27 ▼ 1.18% EUR/USD1.14▼ 0.28% GBP/USD1.33▼ 0.46% SPX 7,399 ▼ 1.34% DJI 51,687 ▼ 1.02% NDX 28,425 ▼ 1.98% RUT 2,933 ▼ 0.91% TSX 35,155 ▼ 0.93% VIX 19.51 ▲ 17.25% USD/CAD1.41▼ 0.05% US10Y 4.7030 ▲ 0.99% IBOV 176,444.54 ▼ 0.62% IPSA 10,924.91 ▼ 0.77% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,340,763 ▼ 1.15% COLCAP 2,298.59 ▲ 0.07% BVL PERÚ 57,575.02 — — USD/BRL 5.08 ▲ 0.59% USD/MXN 17.52 ▲ 0.77% USD/CLP 946.49 ▲ 1.16% USD/COP 3,197 ▼ 0.93% USD/PEN 3.39 ▼ 0.24% USD/ARS 1,489 ▲ 0.40% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,025 ▲ 1.20% USD/BOB 11.03 ▲ 3.57% USD/DOP 57.95 ▼ 0.09% USD/CRC 451.03 ▲ 2.18% USD/GTQ 7.62 ▲ 2.29% USD/HNL 26.74 ▲ 0.88% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.48% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.79 ▼ 0.20% BRENT 100.09 ▲ 6.40% WTI 91.72 ▲ 5.63% IRON ORE 161.91 — — COPPER 6.32 ▼ 2.09% GOLD 4,048 ▼ 2.40% SILVER 57.76 ▼ 3.77% SOY 1,241 ▲ 0.65% CORN 486.75 ▲ 5.36% WHEAT 694.50 ▼ 1.59% COFFEE 310.75 ▼ 1.86% SUGAR 14.68 ▼ 0.41% ORANGE JUICE 145.50 ▼ 3.19% COTTON 81.53 ▲ 2.08% COCOA 5,367 ▲ 0.73% BEEF 221.48 ▼ 0.77% CATTLE 340.13 ▼ 0.31% LITHIUM 68.89 ▼ 0.16% PETR4 42.89 ▲ 0.73% VALE3 75.44 ▲ 0.45% ITUB4 42.47 ▼ 1.00% BBDC4 18.76 ▼ 1.11% ABEV3 15.88 ▼ 1.55% BBAS3 20.94 ▼ 0.71% B3SA3 15.64 ▼ 1.64% WEGE3 45.10 ▼ 3.51% PRIO3 60.96 ▲ 1.99% SUZB3 42.37 ▼ 0.68% RENT3 36.96 ▼ 0.48% AZZA3 17.10 ▼ 3.99% CSAN3 3.91 ▼ 0.26% RAIZ4 0.27 — 0.00% PCAR3 2.87 ▲ 4.36% GMAT3 3.86 ▼ 1.28% PSSA3 55.26 ▼ 0.34% CVCB3 1.32 ▲ 3.94% POSI3 3.61 ▼ 2.43% SLCE3 13.74 ▼ 1.58% NATU3 8.61 ▼ 0.81% BRKM5 6.21 ▲ 2.31% RANI3 7.95 ▼ 0.63% CSNA3 5.33 ▼ 0.93% CMIN3 5.89 ▲ 0.86% USIM5 8.49 ▼ 1.85% GGBR4 24.06 — 0.00% ENEV3 25.72 ▼ 0.96% CPFE3 46.37 ▼ 0.73% CMIG4 11.21 — 0.00% EQTL3 38.99 ▼ 0.91% LREN3 13.40 ▼ 1.03% VIVT3 34.65 ▼ 2.06% RAIL3 13.95 ▲ 2.27% KLABIN 17.63 ▼ 1.67% RAIA DROGASIL 18.21 ▼ 0.44% RDOR3 33.83 ▼ 1.91% HAPV3 10.57 ▼ 7.20% FLRY3 16.64 ▼ 0.06% SMTO3 15.79 ▼ 1.62% UGPA3 33.17 ▲ 1.04% VBBR3 35.57 ▲ 1.69% BBSE3 42.54 ▼ 0.09% BPAC11 56.13 ▼ 1.56% CURY3 29.58 ▼ 2.05% AERI3 2.02 ▼ 1.46% VIVARA 21.57 ▲ 0.09% COMPASS 25.10 ▲ 1.17% VAMOS 3.19 ▼ 1.24% SANB11 26.61 ▼ 1.26% ASAI3 8.04 ▼ 4.29% SBSP3 29.00 ▼ 0.99% WALMEX 47.11 ▼ 3.17% GMEXICO 208.22 ▼ 3.16% FEMSA 222.68 ▼ 2.22% CEMEX 21.47 ▼ 3.16% GFNORTE 189.93 ▼ 0.88% BIMBO 59.16 ▼ 1.89% TELEVISA 9.83 ▲ 0.10% AMX 22.80 ▲ 0.48% GAP 377.43 ▲ 0.19% ASUR 269.72 ▼ 1.39% OMA 227.25 ▼ 0.63% KOF 179.87 ▼ 1.52% GRUMA 270.49 ▼ 3.55% KIMBER 39.20 ▲ 0.98% SQM-B 65,701 ▲ 0.99% COPEC 6,452 ▼ 1.50% BSANTANDER 79.56 ▼ 0.36% FALABELLA 6,080 ▲ 0.63% ENELAM 84.53 — 0.00% CENCOSUD 1,971 ▼ 1.93% CMPC 1,047 ▼ 2.15% BANCO CHILE 191.16 ▼ 1.21% LATAM AIR 23.62 ▼ 1.95% YPF 82,725 ▲ 0.27% GGAL 7,995 ▼ 3.38% PAMPA 5,640 ▲ 0.27% TXAR 681.50 ▲ 2.02% ALUAR 985.00 ▲ 1.13% TGS 10,060 ▲ 1.56% CEPU 2,423 ▲ 0.50% MIRGOR 16,800 ▼ 0.74% COME 42.88 ▼ 0.60% LOMA NEGRA 3,768 ▼ 1.12% BYMA 293.00 ▼ 0.85% TELECOM ARG 4,313 ▼ 2.43% ECOPETROL 16.42 ▼ 1.62% BANCOLOMBIA 86.37 ▲ 2.02% GRUPO AVAL 4.93 ▼ 2.18% CREDICORP 388.87 ▼ 1.22% SOUTHERN COPPER 183.84 ▼ 5.95% BUENAVENTURA 31.24 ▼ 2.65% MERCADOLIBRE 1,791 ▼ 0.47% NUBANK 14.24 ▼ 1.87% XP 16.83 ▼ 2.75% PAGSEGURO 9.44 ▼ 2.43% STONE 10.94 ▼ 3.70% GLOBANT 30.37 ▼ 0.98% TECNOGLASS 43.78 ▼ 3.19% GAP AIRPORT 215.36 ▼ 1.00% ASUR 269.72 ▼ 1.39% OMA AIRPORT 103.89 ▼ 1.39% AMX ADR 25.93 ▼ 0.75% FEMSA ADR 127.22 ▼ 2.83% CEMEX ADR 12.25 ▼ 3.73% PETROBRAS ADR 19.00 ▲ 0.56% VALE ADR 14.81 ▼ 0.30% ITAU ADR 8.35 ▼ 1.59% SANTANDER BR 5.35 ▼ 1.93% AMBEV ADR 3.10 ▼ 1.43% CSN 1.06 ▼ 2.75% GERDAU 4.73 ▼ 0.84% LATAM ADR 49.67 ▼ 3.10% BTC 64,656 ▼ 2.19% ETH 1,870 ▼ 3.31% SOL 75.46 ▼ 3.14% XRP 1.10 ▼ 3.36% BNB 565.39 ▼ 0.94% ADA 0.17 ▼ 3.10% DOGE 0.07 ▼ 5.43% AVAX 6.26 ▼ 5.40% LINK 8.44 ▼ 2.16% DOT 0.81 ▼ 2.54% LTC 46.87 ▼ 0.43% BCH 209.71 ▼ 4.66% TRX 0.33 ▼ 0.57% XLM 0.18 ▼ 2.68% HBAR 0.07 ▼ 1.07% NEAR 1.87 ▲ 0.06% ATOM 1.42 ▼ 3.17% AAVE 95.19 ▼ 2.23% SELIC 14.25% EMBRAER 83.77 ▼ 0.02% EMBRAER ADR 65.99 ▼ 0.09% JBS 12.11 ▼ 1.18% JBS BDR 61.51 ▼ 0.47% MBRF3 15.72 ▼ 1.93% MBRFY 3.06 ▼ 4.08% INTER 5.41 ▼ 4.92% EGX 53,932 ▼ 0.11% USD/ZAR 16.83 ▲ 2.56% USD/NGN 1,366 ▼ 0.27% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY 163.80 ▲ 0.44% USD/CNY 6.7696 ▲ 0.08% DAX 24,763 ▼ 1.56% CAC 8,299 ▼ 1.64% FTSE 10,639 ▼ 0.73% MIB 51,316 ▼ 2.80% IBEX 19,267 ▼ 1.55% STOXX 639.27 ▼ 1.18% EUR/USD 1.1379 ▼ 0.26% GBP/USD 1.3316 ▼ 0.45% SPX 7,399 ▼ 1.34% DJI 51,687 ▼ 1.02% NDX 28,425 ▼ 1.98% RUT 2,933 ▼ 0.91% TSX 35,155 ▼ 0.93% VIX 19.51 ▲ 17.25% USD/CAD 1.4079 ▼ 0.02% US10Y 4.7030 ▲ 0.99%
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Thursday, July 23, 2026

Trump’s New Security Playbook Puts Borders, The Hemisphere And China At The Center

By · December 8, 2025 · 3 min read

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Key Points

  • The strategy says U.S. power must start with secure borders, industry at home and cheap energy.
  • The Western Hemisphere is upgraded to top priority, with a tougher line on cartels and outside powers in Latin America.
  • Allies in Europe and Asia are told to spend more on defense and live with a more transactional, less “globalist” America.

Donald Trump’s new National Security Strategy is not written for diplomats first. It reads like a manifesto to voters who feel the old global order failed them.

The document’s core claim is simple: America tried to run the world, opened its markets, let industry leave and lost control of its borders – and now something harder and narrower must replace that experiment.

The first surprise is how much space goes to home soil. The text declares that the “era of mass migration” must end and says border control is the front line of national security.

Trump’s New Security Playbook Puts Borders, The Hemisphere And China At The Center. (Photo Internet reproduction)
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It links security to factory jobs, cheap fossil and nuclear energy, and a bigger arms industry. Diversity and inclusion bureaucracies are presented as distractions from competence.

For readers abroad, the message is that Washington now treats social cohesion and industrial strength as strategic assets, not side issues.

The second pillar is a sharpened idea of “America First.” The strategy promises peace through strength and a “preference” for non-intervention, but insists every state should put its own interests first.

It attacks big, ambitious global projects that ask U.S. taxpayers to carry most of the cost. NATO allies are pushed toward defense spending of 5 percent of GDP.

Trade is rebranded as a tool for power: tariffs and reshoring are no longer dirty words, but instruments to protect supply chains and critical minerals.

Rising Geopolitical Stakes

Latin America gets a prominence it rarely enjoys in such documents. A “Trump Corollary” to the Monroe Doctrine warns that extra-regional powers should not control ports, energy assets or bases in the hemisphere.

The United States signals more pressure on cartels, including the possibility of force, and a drive to pull manufacturing and infrastructure finance away from rival capitals and into U.S.-backed nearshoring.

For governments from Mexico to Brazil, that could mean new investment – but also tougher scrutiny of who builds ports, grids and telecom networks.

China is cast as the long-term rival that gamed Western openness, used low tariffs and lax rules to dominate supply chains and pushed influence through infrastructure and lending across the global South.

The strategy answers with a mix of trade defense, technology controls and military deterrence, built with partners like Japan, India and Australia.

For Asian and Latin American exporters, that means more pressure to choose sides in technology, 5G, ports and rare-earth projects.

Europe appears as a necessary but troubled partner. The document points to aging populations, heavy regulation and migration tensions, and criticizes supranational bodies that seem distant from voters.

Washington still wants a strong Europe to help balance Russia and share burdens, but makes clear that endless enlargement and open-ended wars are off the table.

Ending the Ukraine conflict on negotiable terms and opening European markets further to U.S. firms are presented as priorities. The Middle East and Africa are reframed as places for deals, not occupations.

In the Gulf and the Levant, Washington wants energy flows, tech partnerships and wider normalization with Israel, backed by hard deterrence against Iran.

In Africa, the focus shifts from aid to selective projects in energy and critical minerals, with a warning about opaque loans and security contracts from rival powers.

For expats and foreign readers, the story behind the story is stark. The world’s biggest military power is saying it will still lead, but on tougher, more transactional terms.

Borders, factories, energy wells and nearby seas now sit at the heart of U.S. strategy – and every capital, especially in the Americas, will be asked which side of that new line it wants to stand on.

Download the document here.

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