The BRICS summit in New Delhi ended with a 45-page declaration that never names the United States. Modi rebuked China over critical minerals, Russia won silence about Ukraine, Iran left with its existing payment channels endorsed, not defended, and no common currency appeared. Eleven countries, eleven agendas, one photograph.
The Brazil Argentina crisis reached a historic point when Brazil withdrew its ambassador after Milei called Lula a convict and a thief in Sao Paulo. Behind the anger stands Judge de Moraes, his censorship, and the persecution of Bolsonaro. The October election will decide what comes next for Brazil, Argentina and America itself.
Germany's auto lobby admits it cannot keep all factories open and proposes selling them to foreign buyers. That means China. Green mandates, expensive energy, and Brussels' failed tariff policy created the German auto crisis. Europe's industrial sovereignty is at stake, and the buyers are already inside the gates.
On July 1, 2026, the U.S. officially refused to renew USMCA. "The United States did not agree to renew the USMCA in its current form," said USTR Jamieson Greer. The trade deficit is Trump's primary concern: 197,000 million dollars with Mexico plus 46,000 million with Canada in 2025, more than double what it was when USMCA took effect.
Canada just opened its doors to Chinese electric vehicles, slashing tariffs from 100% to 6.1%. But this is not about Canada. BYD, Chery, and Geely are rushing in with dealerships — not to sell cars in Canada, but to use it as a springboard to conquer the American auto market. China's global EV invasion is already underway.
Brazil's President Lula publicly attacked Trump and Rubio after the US proposed new 25% tariffs on Brazilian goods. Lula called Rubio "anti-Latin American" and Trump "the emperor of the world." Behind the outburst: tariffs, Bolsonaro's sons visiting Washington, and a socialist leader losing his leverage.
USMCA Mexico talks launched on May 27, 2026, as the US schedules three bilateral negotiating rounds with Mexico — while Canada is explicitly excluded. Fentanyl down 49%, deficit at $196.9B, and China using Mexico as a backdoor. Carney chose Europe. Mexico chose the table. The hemisphere is choosing sides.
The EU built trade “protections” instead of honoring commitments, leaving the U.S. with little reciprocity. Trump says that era is over, warning Europe it must open markets, invest in America, and align on trade or face steep tariffs.
