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 analysis of the main trends, operations, and institutional responses to illicit trade in Latin America during June, with a focus on smuggling, money laundering, e-commerce, and emerging methods used by criminal organizations.

Are tariffs enough to protect domestic industries? This CIMA Insight examines Colombia's ceramic sector and explores how technical smuggling, unfair competition, and global supply chain dynamics can undermine trade protection measures. Drawing on cases from Colombia, Mexico, and Peru, the report highlights key challenges for competitiveness and economic security across Latin America.