IBOV 187,366.84 ▲ 1.20% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,010.39 ▲ 0.44% MERVAL 3,075,982 ▲ 1.36% COLCAP 2,569.47 ▲ 0.15% BVL PERÚ 59,620.96 ▲ 1.05% USD/BRL5.09▲ 0.07% USD/MXN16.91▼ 0.07% USD/CLP924.74▼ 1.05% USD/COP3,113▼ 0.43% USD/PEN3.35▼ 0.11% USD/ARS1,512▼ 0.02% USD/UYU40.22▲ 3.05% USD/PYG5,892▲ 2.04% USD/BOB12.45▲ 2.69% USD/DOP58.58▲ 2.05% USD/CRC446.50▲ 1.47% USD/GTQ7.64▲ 3.15% USD/HNL26.84▲ 3.19% USD/NIO36.62▲ 2.65% USD/VES818.05▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 1.95% EUR/BRL5.92▼ 0.61% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 187,366.84 ▲ 1.20% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,010.39 ▲ 0.44% MERVAL 3,075,982 ▲ 1.36% COLCAP 2,569.47 ▲ 0.15% BVL PERÚ 59,620.96 ▲ 1.05% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Wednesday, September 9, 2026

Brazil Business - Brazil

Brazilians Still Favor U.S. Over China for Trade — Even as Tariffs Bite

By · August 1, 2025 · 2 min read

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A large national survey by PoderData in July 2025 shows that most Brazilians—59%—prefer the country to trade more with the United States, despite rising U.S. tariffs on Brazilian products.

Only 32% of respondents would rather see Brazil focus on China. This public opinion stands out because, in the real world, Brazil’s economy is increasingly linked to China, not the U.S.

In 2024, Brazil’s trade with China reached $188 billion, and Brazil exported much more to China than it imported, giving it a $31 billion surplus. China now buys almost a third of everything Brazil sells abroad—mainly soybeans, iron ore, and oil.

The U.S. used to be Brazil’s closest trade and political partner. Now things are tense. In 2025, the U.S. government raised tariffs on most Brazilian goods to 50%.

Officially, these tough tariffs punish Brazil for its treatment of former president Jair Bolsonaro—a close ally of the current U.S. president—who faces legal troubles.

Brazilians Still Favor U.S. Over China for Trade — Even as Tariffs Bite
Brazilians Still Favor U.S. Over China for Trade — Even as Tariffs Bite.
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Despite these tensions and higher costs, many Brazilians still feel connected to the U.S. by history, culture, or political ideals. Meanwhile, China puts real money into Brazil.

Since 2023, Chinese companies have poured over $27 billion into Brazilian infrastructure, energy, and technology. Chinese brands now dominate Brazil’s fast-growing electric vehicle and solar energy markets.

Brazil’s Growing China Ties Highlight Shift in Global Power

Presidents Lula of Brazil and Xi Jinping of China have signed many new deals that promise even closer ties in the future. The biggest story is the gap between what Brazilians say they want and what’s actually happening.

While most wish for strong ties with the U.S., the reality is that Chinese trade and investment now shape Brazil’s economy. Hard numbers—not nostalgia or old friendships—drive new alliances.

For people outside Brazil, this matters because the country stands as proof that global power is shifting. The U.S. still holds cultural influence and remains in people’s minds, but China’s role in trade and development grows every year.

As Brazil’s economy moves closer to Asia, jobs, prices, and industry inside the country change, and the effects ripple far beyond its borders. Brazil faces a clear choice: stick with tradition and sentiment, or adapt to economic realities.

The answer will shape Latin America’s place in a changing world. This story matters because it captures the deeper shift beneath headlines—a nation caught between two giants, where the numbers already show one side is winning.

Live Market IntelligenceBrazil — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Brazil — Live Market Board

B3 · São Paulo
Sep 9, 2026 · 02:00

Ibovespa · benchmark
187,366.84
+1.20%
L 167,142day rangeH 168,310

+21.85% over 12 months

Market breadth · 15 names
47% advancing

7 ▲ advancing8 declining ▼

Currencies, rates & key inputs
USD / BRL
5.16
+0.01%

EUR / BRL
5.95
+1.01%

Selic rate
14.00%
·

Brent crude
88.88
-0.03%

Iron ore
161.91
·

Sector heatmap · average move today
Materials
+2.35%
SUZB3

Mining
+1.16%
VALE3, CSNA3, GGBR4

Industrials
+0.20%
WEGE3, RENT3

Financials
-0.10%
ITUB4, BBDC4, BBAS3, B3SA3

Energy
-0.12%
PETR4, PRIO3

Consumer Staples
-0.80%
ABEV3

Utilities
-1.38%
ENEV3

Consumer Disc.
-2.63%
AZZA3

Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil
187,366.84
+1.20%

S&P/BMV IPCMexico
65,010.39
+0.44%

S&P IPSAChile
11,315.26
-1.14%

S&P MERVALArgentina
3,075,982
+1.36%

MSCI COLCAPColombia
2,569.47
+0.15%

BVL S&P PerúPeru
59,620.96
+1.05%

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
IBOV 187,366.84 +1.20% +21.85% 185,147.15 168,310 167,142
USD/BRL 5.16 +0.01% -5.13% 5.16 5.18 5.14
SELIC 14.00%
PETR4 41.64 -0.05% +35.19% 41.66 41.97 41.15 41,499,400
VALE3 72.97 +0.83% +30.75% 72.37 73.54 72.66 17,658,000
ITUB4 38.60 -1.03% +4.57% 39.00 39.34 38.39 29,487,800
BBDC4 16.85 +0.36% +3.50% 16.79 16.90 16.67 19,416,900
BBAS3 19.37 +0.47% +0.73% 19.28 19.44 19.16 11,069,200
B3SA3 14.26 -0.21% +12.73% 14.29 14.47 14.11 33,037,800
ABEV3 14.89 -0.80% +21.91% 15.01 15.07 14.81 16,453,100
WEGE3 47.59 +0.49% +29.99% 47.36 48.08 47.36 3,364,600
PRIO3 59.14 -0.19% +50.67% 59.25 59.81 58.74 3,325,600
SUZB3 41.33 +2.35% -23.55% 40.38 41.48 40.35 3,914,900
RENT3 34.68 -0.09% +0.84% 34.71 34.96 34.35 7,979,100
AZZA3 15.89 -2.63% -53.76% 16.32 16.42 15.82 1,330,300
CSNA3 4.30 +0.47% -42.65% 4.28 4.41 4.26 10,076,100
GGBR4 24.69 +2.19% +51.38% 24.16 24.85 24.18 7,047,600
ENEV3 24.21 -1.38% +70.49% 24.55 24.64 23.99 9,297,000

Largest moves today
AZZA3
15.89
-2.63%
SUZB3
41.33
+2.35%
GGBR4
24.69
+2.19%
ENEV3
24.21
-1.38%
IBOV
187,366.84
+1.20%
ITUB4
38.60
-1.03%
VALE3
72.97
+0.83%
ABEV3
14.89
-0.80%

The session read
The Ibovespa rose 1.20%, with breadth negative — 7 of 15 names higher. Materials led, while Consumer Disc. lagged.

This article was drafted with automated assistance and reviewed before publication. How we use AI · Report an error

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