Historically speaking, bilateral relations between the United States and the various countries of Latin America have been multifaceted and complex, at times defined by strong regional cooperation and at others filled with economic and political tension and rivalry. Although relations between the U.S. government and most of Latin America were limited prior to the late 1800s, for most of the past century, the U.S. has unofficially regarded parts of Latin America as within its sphere of influence, and for much of the Cold War (1945-1992), actively vied with the Soviet Union for influence in the Western Hemisphere.
Today, the ties between the U.S. and most of Latin America (with the exception of certain countries such as Venezuela) are generally cordial, but there remain areas of contention between the two sides. Latin America is the largest foreign supplier of oil to the United States and its fastest-growing trading partner, as well as the largest source of drugs and U.S. immigrants, both documented and otherwise, all of which underline the continually evolving relationship between the two.
Until the end of the everlasting 19th century, the United States had a special relationship primarily with nearby Mexico and Cuba. Otherwise, relationships with other Latin American countries were of minor importance to both sides, consisting mostly of a small amount of trade. Apart from Mexico, there was little migration to the United States and little American financial investment. Politically and economically, Latin America (apart from Mexico and the Spanish colony of Cuba) was largely tied to Britain. The United States had no involvement in the process by which Spanish possessions broke away and became independent around 1820. In cooperation with, and help from, Britain, the United States issued the Monroe Doctrine in 1823, warning against the establishment of any additional European colonies in Latin America.
Texas, which had been settled by colonies of Americans, fought a successful war of independence against Mexico in 1836. Mexico refused to recognize the independence and warned that annexation to the United States meant war. Annexation came in 1845 and war in 1846. The American military was easily triumphant. The result was the Mexican Cession of Santa Fe de Nuevo México and Alta California. About 60,000 Mexicans remained in the territories and became US citizens. France took advantage of the American Civil War (1861–65), using its army to take over Mexico. Due to defeats in Europe, France pulled out troops, leaving the Imperialists and Maximilian I of Mexico to face defeat from the Benito Juarez-led Republicans (backed by the US).