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Weekly Report - 23 October 2025 (WR-25-42)

​NICARAGUA: Deepening China ties no substitute for US

Scarcely a day has gone by this week without Nicaragua’s authoritarian government announcing another mining concession to a Chinese company. And the pace with which mining permits were being handed out to Chinese companies was not slow before. But despite Nicaragua entering closer into China’s embrace, the US remains by far its most important trade partner, which is why an emerging US threat to impose tariffs of 100% on Nicaraguan exports and expel the country from the Dominican Republic-Central America-United States Free Trade Agreement (Cafta-DR) will be a huge cause for concern for the regime led by Daniel Ortega and Rosario Murillo.

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