IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,223,652 — 0.00% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL5.07▼ 0.34% USD/MXN17.39▼ 0.21% USD/CLP930.89▼ 0.39% USD/COP3,243▼ 0.78% USD/PEN3.39▲ 0.10% USD/ARS1,479▼ 0.17% USD/UYU40.19▲ 1.43% USD/PYG6,031▼ 0.03% USD/BOB10.75▲ 2.22% USD/DOP58.25▲ 0.71% USD/CRC447.35▲ 1.43% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.08% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59— 0.00% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 1.12% BRENT 91.24 ▲ 2.26% WTI 84.53 ▲ 1.56% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.70% GOLD 4,062 ▲ 1.28% SILVER 59.12 ▲ 4.08% SOY 1,223 ▼ 0.27% CORN 469.75 ▲ 4.51% WHEAT 669.00 ▼ 0.74% COFFEE 327.05 ▼ 2.20% SUGAR 14.82 — 0.00% ORANGE JUICE 145.40 ▼ 1.36% COTTON 79.51 ▲ 2.77% COCOA 5,679 ▲ 2.88% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.22 ▲ 0.17% VALE3 72.46 ▲ 0.74% ITUB4 42.38 ▲ 0.19% BBDC4 18.37 ▼ 0.22% ABEV3 15.76 ▼ 0.19% BBAS3 20.14 ▼ 0.15% B3SA3 15.18 ▼ 0.52% WEGE3 42.96 ▼ 0.39% PRIO3 58.48 ▲ 1.37% SUZB3 41.82 ▼ 0.17% RENT3 37.42 ▼ 0.19% AZZA3 18.17 — 0.00% CSAN3 3.81 ▼ 0.26% RAIZ4 0.27 — 0.00% PCAR3 2.60 — 0.00% GMAT3 3.84 ▼ 0.26% PSSA3 54.08 ▼ 0.22% CVCB3 1.07 ▼ 0.93% POSI3 3.68 ▼ 0.54% SLCE3 13.60 ▲ 0.22% NATU3 8.60 ▼ 0.35% BRKM5 6.00 ▲ 1.01% RANI3 7.95 ▼ 0.50% CSNA3 5.08 ▲ 0.20% CMIN3 5.33 ▼ 1.11% USIM5 8.18 ▲ 0.25% GGBR4 23.58 ▼ 0.17% ENEV3 25.58 ▼ 0.27% CPFE3 46.27 ▼ 0.11% CMIG4 11.03 ▲ 0.09% EQTL3 39.21 ▼ 0.20% LREN3 13.30 ▼ 0.08% VIVT3 35.76 ▲ 0.25% RAIL3 13.53 ▼ 0.29% KLABIN 17.44 ▼ 0.23% RAIA DROGASIL 18.73 ▲ 0.21% RDOR3 35.10 ▼ 0.99% HAPV3 11.55 ▲ 1.49% FLRY3 16.54 ▼ 0.12% SMTO3 15.41 — 0.00% UGPA3 31.48 ▼ 0.69% VBBR3 34.03 ▼ 0.23% BBSE3 41.07 ▲ 0.05% BPAC11 55.84 ▼ 0.61% CURY3 30.18 ▼ 0.03% AERI3 2.08 ▲ 0.48% VIVARA 21.98 ▲ 0.09% COMPASS 24.84 ▲ 0.98% VAMOS 3.10 ▲ 0.32% SANB11 27.07 ▲ 0.22% ASAI3 8.17 ▲ 0.37% SBSP3 28.93 ▼ 0.17% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 1.53% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,520 ▲ 1.98% ETH 1,938 ▲ 1.80% SOL 78.40 ▲ 0.78% XRP 1.14 ▲ 2.63% BNB 576.47 ▲ 1.01% ADA 0.18 ▲ 3.31% DOGE 0.07 ▲ 1.66% AVAX 6.65 ▲ 1.12% LINK 8.71 ▲ 1.52% DOT 0.86 ▲ 3.86% LTC 47.65 ▲ 0.66% BCH 225.28 ▲ 2.44% TRX 0.33 ▲ 0.52% XLM 0.19 ▲ 3.48% HBAR 0.07 ▲ 2.78% NEAR 1.99 ▲ 0.58% ATOM 1.50 ▲ 0.33% AAVE 94.40 ▲ 5.15% SELIC 14.25% EMBRAER 83.73 ▲ 0.53% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 61.13 ▲ 0.56% MBRF3 14.53 ▲ 0.07% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66% EGX 53,990 ▲ 1.63% USD/ZAR16.46▼ 0.41% USD/NGN 1,376 — 0.00% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY162.79▲ 0.18% USD/CNY6.75▼ 0.19% DAX 24,852 ▲ 0.02% CAC 8,330 ▼ 0.12% FTSE 10,533 ▲ 0.07% MIB 52,089 ▲ 0.44% IBEX 19,304 ▲ 0.51% STOXX 639.66 ▲ 0.01% EUR/USD1.14▲ 0.02% GBP/USD1.34▼ 0.44% SPX 7,443 ▼ 0.19% DJI 51,839 ▼ 0.59% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 34,960 ▼ 0.86% VIX 17.92 ▼ 3.91% USD/CAD1.41▲ 0.11% US10Y 4.6080 ▲ 0.22% IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,223,652 — 0.00% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL 5.07 ▼ 0.34% USD/MXN 17.39 ▼ 0.21% USD/CLP 930.89 ▼ 0.39% USD/COP 3,243 ▼ 0.78% USD/PEN 3.39 ▲ 0.10% USD/ARS 1,479 ▼ 0.17% USD/UYU 40.19 ▲ 1.43% USD/PYG 6,031 ▲ 1.52% USD/BOB 10.75 ▲ 2.22% USD/DOP 58.25 ▲ 0.71% USD/CRC 447.35 ▲ 1.43% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.60% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.79 ▼ 1.12% BRENT 91.24 ▲ 2.26% WTI 84.53 ▲ 1.56% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.70% GOLD 4,062 ▲ 1.28% SILVER 59.12 ▲ 4.08% SOY 1,223 ▼ 0.27% CORN 469.75 ▲ 4.51% WHEAT 669.00 ▼ 0.74% COFFEE 327.05 ▼ 2.20% SUGAR 14.82 — 0.00% ORANGE JUICE 145.40 ▼ 1.36% COTTON 79.51 ▲ 2.77% COCOA 5,679 ▲ 2.88% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.22 ▲ 0.17% VALE3 72.46 ▲ 0.74% ITUB4 42.38 ▲ 0.19% BBDC4 18.37 ▼ 0.22% ABEV3 15.76 ▼ 0.19% BBAS3 20.14 ▼ 0.15% B3SA3 15.18 ▼ 0.52% WEGE3 42.96 ▼ 0.39% PRIO3 58.48 ▲ 1.37% SUZB3 41.82 ▼ 0.17% RENT3 37.42 ▼ 0.19% AZZA3 18.17 — 0.00% CSAN3 3.81 ▼ 0.26% RAIZ4 0.27 — 0.00% PCAR3 2.60 — 0.00% GMAT3 3.84 ▼ 0.26% PSSA3 54.08 ▼ 0.22% CVCB3 1.07 ▼ 0.93% POSI3 3.68 ▼ 0.54% SLCE3 13.60 ▲ 0.22% NATU3 8.60 ▼ 0.35% BRKM5 6.00 ▲ 1.01% RANI3 7.95 ▼ 0.50% CSNA3 5.08 ▲ 0.20% CMIN3 5.33 ▼ 1.11% USIM5 8.18 ▲ 0.25% GGBR4 23.58 ▼ 0.17% ENEV3 25.58 ▼ 0.27% CPFE3 46.27 ▼ 0.11% CMIG4 11.03 ▲ 0.09% EQTL3 39.21 ▼ 0.20% LREN3 13.30 ▼ 0.08% VIVT3 35.76 ▲ 0.25% RAIL3 13.53 ▼ 0.29% KLABIN 17.44 ▼ 0.23% RAIA DROGASIL 18.73 ▲ 0.21% RDOR3 35.10 ▼ 0.99% HAPV3 11.55 ▲ 1.49% FLRY3 16.54 ▼ 0.12% SMTO3 15.41 — 0.00% UGPA3 31.48 ▼ 0.69% VBBR3 34.03 ▼ 0.23% BBSE3 41.07 ▲ 0.05% BPAC11 55.84 ▼ 0.61% CURY3 30.18 ▼ 0.03% AERI3 2.08 ▲ 0.48% VIVARA 21.98 ▲ 0.09% COMPASS 24.84 ▲ 0.98% VAMOS 3.10 ▲ 0.32% SANB11 27.07 ▲ 0.22% ASAI3 8.17 ▲ 0.37% SBSP3 28.93 ▼ 0.17% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 1.53% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,520 ▲ 1.98% ETH 1,938 ▲ 1.80% SOL 78.40 ▲ 0.78% XRP 1.14 ▲ 2.63% BNB 576.47 ▲ 1.01% ADA 0.18 ▲ 3.31% DOGE 0.07 ▲ 1.66% AVAX 6.65 ▲ 1.12% LINK 8.71 ▲ 1.52% DOT 0.86 ▲ 3.86% LTC 47.65 ▲ 0.66% BCH 225.28 ▲ 2.44% TRX 0.33 ▲ 0.52% XLM 0.19 ▲ 3.48% HBAR 0.07 ▲ 2.78% NEAR 1.99 ▲ 0.58% ATOM 1.50 ▲ 0.33% AAVE 94.40 ▲ 5.15% SELIC 14.25% EMBRAER 83.73 ▲ 0.53% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 61.13 ▲ 0.56% MBRF3 14.53 ▲ 0.07% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66% EGX 53,990 ▲ 1.63% USD/ZAR 16.44 ▼ 0.31% USD/NGN 1,376 — 0.00% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 162.73 ▲ 0.17% USD/CNY 6.7540 ▼ 0.05% DAX 24,852 ▲ 0.02% CAC 8,330 ▼ 0.12% FTSE 10,533 ▲ 0.07% MIB 52,089 ▲ 0.44% IBEX 19,304 ▲ 0.51% STOXX 639.66 ▲ 0.01% EUR/USD 1.1421 ▲ 0.06% GBP/USD 1.3390 ▼ 0.27% SPX 7,443 ▼ 0.19% DJI 51,839 ▼ 0.59% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 34,960 ▼ 0.86% VIX 17.92 ▼ 3.91% USD/CAD 1.4075 ▼ 0.02% US10Y 4.6080 ▲ 0.22%
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Tuesday, July 21, 2026

Brazil and US Launch Joint Operations on Organized Crime

By · April 10, 2026 · 3 min read

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Key Points

Brazil and the United States announced a joint initiative to integrate intelligence and conduct coordinated operations against transnational arms and narcotics trafficking networks.

The initiative formalizes cooperation pledged by Presidents Lula and Trump in a December 2025 call and represents a pragmatic pivot in a relationship strained by tariffs, the Bolsonaro prosecution, and the terror designation debate.

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The announcement comes as Washington continues to pressure Brasília to designate the PCC and Comando Vermelho as terrorist organizations—a classification Lula has rejected on sovereignty grounds.

The same two governments that spent months feuding over tariffs, terrorism labels, and the imprisonment of a former president have quietly agreed to share intelligence and conduct joint operations against the criminal networks that connect them.

Brazil and the United States will launch joint operations targeting transnational organized crime, with a focus on intercepting illicit arms and narcotics shipments, according to La República Colombia, citing the initiative as part of a broader agenda between Presidents Luiz Inácio Lula da Silva and Donald Trump. The operation will integrate intelligence-sharing and coordinated enforcement between Brazilian and American agencies—a significant step for two countries whose security relationship has been complicated by deep political disagreements over how to classify and combat the region’s most powerful criminal organizations.

From Phone Call to Operations

The initiative traces back to a 40-minute phone call between Lula and Trump in December 2025. During that conversation, Lula proposed cooperation on arresting Brazilian crime leaders living in Miami and emphasized that the two countries needed “intelligence and smart tactics” rather than military force to combat trafficking. Trump reportedly promised “full support for joint initiatives targeting criminal organizations,” and the call was described by both sides as “very productive.” The joint action announced Friday moves that rhetoric into operational reality.

The framework is notable for what it is not: it is not a terror designation, not a status-of-forces agreement, and not an expansion of the US naval strikes that have killed over 150 people in the Caribbean since Operation Southern Spear began in September 2025. Instead, it appears to follow the intelligence-first model that Lula has advocated—police-to-police and agency-to-agency cooperation within existing legal frameworks, rather than the military-legal architecture that Washington has built around its terror designations.

The Terror Label Still Looms

The joint action does not resolve the central tension in the bilateral relationship: Washington’s push to designate the Primeiro Comando da Capital (PCC) and Comando Vermelho (CV) as Foreign Terrorist Organizations. The US re-ignited that pressure on March 6, and Lula has consistently rejected the classification, arguing that organized crime should be treated as a domestic public security matter. The Lula government fears that a terror designation could create legal pretexts for extraterritorial operations—a concern sharpened by the US capture of Venezuelan president Nicolás Maduro in January under a narcoterrorism framework.

The joint crime initiative may represent Lula’s attempt to offer Washington a cooperative alternative that demonstrates results without conceding on the terror label. Brazil signed its own anti-faction law in March 2026, which strengthened penalties for criminal organizations and expanded asset seizure powers, giving domestic prosecutors more tools without importing the US terrorism framework.

Election-Year Calculations

With Brazil’s presidential election six months away, the security cooperation announcement serves multiple political functions. For Lula, it blunts the opposition narrative that his government is soft on crime—a vulnerability that polling consistently identifies as his weakest flank. For Trump, it demonstrates that his administration can extract security cooperation from a left-wing government that has resisted his harder-line approaches. The practical test will be whether the initiative produces visible results—arrests, seizures, dismantled networks—before October’s vote. Brazil’s criminal syndicates operate in at least 12 US states, and the arms pipeline that feeds PCC and CV violence runs through Paraguay, Bolivia, and the triple border region. Intercepting that pipeline requires exactly the kind of cross-border intelligence-sharing that the new initiative promises. Whether it delivers remains to be seen.

Related Coverage: Brazil Scrambles to Block U.S. Terror Label for Its Gangs • Latin America Terrorist Designation Tracker • Brazilian Crime Syndicates Link With Islamist Terror Groups

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