2025 has been an extraordinarily active year for U.S. policy in Latin America. With the release of President Donald Trump’s new National Security Strategy, which places the Western Hemisphere first and promises to “reassert and enforce the Monroe Doctrine,” along with a new “Trump Corollary” aimed at countering China’s influence, the trend has become even clearer. We discuss the defining features of this assertive approach and what it means for governments, businesses, and regional stability. Our guest os Ricardo Zúniga, former principal advisor for the Americas to President Barack Obama and now founding partner at Dinámica Americas.