The U.S.–China tariff war has turned illegal transshipment into a geopolitical tool. This Insight combines a recent White House report on the "Great Transshipment Scam" with Strategos BIP's regional risk analysis to explain how Mexico, Panama, Costa Rica and other Latin American countries are exposed, and what room governments and companies have to turn that exposure into negotiating leverage.

Monthly CIMA report (July 2026) on illicit trade in Latin America. It analyzes the growing sophistication of criminal networks, smuggling of medical supplies, livestock, and luxury goods, alongside vulnerabilities in free trade zones. Highlights major operational events in Colombia, the Dominican Republic, and Argentina, as well as strategic progress by DIAN, inter-institutional training in Guatemala, and public health interventions.

Health alerts issued in Colombia and Mexico reveal how contamination, counterfeiting, smuggling, and illicit trade are converging in the infant formula market. This analysis examines the implications for public health, supply chain security, corporate reputation, and regulatory compliance, highlighting the growing risks facing the infant nutrition industry across Latin America.

CIMA report on the main illicit trade trends in Latin America during April 2026, including smuggling, counterfeiting, and criminal networks.