Latin America and the Caribbean: U.S. Policy and Issues in the 116th Congress [Updated January 7, 2021] [open pdf - 2MB]
From the Summary: "The United States maintains strong linkages with neighboring Latin America and the Caribbean based on geographic proximity and diverse U.S. interests, including economic, political, and security concerns. The United States is a major trading partner and source of foreign investment for many countries in the region, with free-trade agreements enhancing economic linkages with 11 countries. The region is a large source of U.S. immigration, both legal and illegal; proximity and economic and security conditions are major factors driving migration. Curbing the flow of illicit drugs has been a key component of U.S. relations with the region for more than four decades and currently involves close security cooperation with Mexico, Central America, and the Caribbean. U.S. support for democracy and human rights in the region has been long-standing, with current focus on Cuba, Nicaragua, and Venezuela. Overall, although the region has made significant advances over the past four decades in terms of both political and economic development, notable challenges remain and some countries have experienced major setbacks, most prominently Venezuela. The Coronavirus Disease 2019 (COVID-19) pandemic has had widespread economic, social, and political effects in the region. By the end of 2020, the region reported over 507,000 deaths (almost 28% of deaths worldwide)."
CRS Report for Congress, R46258
Congressional Research Service: https://crsreports.congress.gov/