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What Trump’s ‘Big, Beautiful Bill’ Means for the Americas

Eric Jacobstein and Emaily Mendrala

Americas Quarterly

Jul 8, 2025

The signature legislation will impact regional economies, immigration, and energy policy, two experts write.

Trump & Latin America

In less than six months, seismic shifts in U.S. policies pertaining to trade, migration and foreign assistance have dramatically altered the landscape for U.S.–Latin America relations. Just last week, on the eve of July 4, Congress passed the so-called “Big Beautiful Bill,” President Trump’s signature tax and spending legislation. One of the most consequential bills of this generation, it’s set to further reset the status quo by reshaping domestic policy.

Its reach, however, extends beyond U.S. borders: expanded immigration enforcement, energy development initiatives, and a tax on remittances will have ripple effects throughout the region.

What will these shifts mean for the near future in Latin America? While the impacts are numerous, the fundamental element lurking behind the headlines is the risk that the U.S. will continue to distance itself from its longstanding allies in the hemisphere.

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