IBOV 171,689 ▼ 0.19% IPSA 10,840 ▲ 0.72% IPC MEX 67,248 ▲ 0.42% MERVAL 3,121,855 ▼ 1.48% COLCAP 2,259.83 ▼ 0.41% BVL PERÚ 55,499.93 — 0.00% USD/BRL5.21▲ 0.89% USD/MXN17.53▲ 0.24% USD/CLP924.97▲ 0.17% USD/COP3,370▼ 2.13% USD/PEN3.42▼ 0.07% USD/ARS1,489▲ 0.34% USD/UYU40.12▲ 1.19% USD/PYG6,052▲ 1.44% USD/BOB6.85▲ 1.65% USD/DOP59.24▲ 0.98% USD/CRC451.40▲ 2.46% USD/GTQ7.62▲ 2.45% USD/HNL26.70▲ 0.51% USD/NIO36.62▲ 0.89% USD/VES631.78▲ 7.69% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.37▲ 1.12% USD/TTD6.73▲ 1.09% EUR/BRL5.93▲ 0.15% BRENT 71.14 ▼ 2.44% WTI 68.09 ▼ 2.03% IRON ORE 161.91 — — COPPER 6.16 ▼ 0.59% GOLD 4,045 ▲ 0.54% SILVER 59.61 ▲ 0.22% SOY 1,150 ▲ 2.93% CORN 443.00 ▲ 7.33% WHEAT 601.00 ▲ 3.49% COFFEE 314.60 ▲ 1.09% SUGAR 14.96 ▲ 4.32% ORANGE JUICE 171.85 ▼ 0.52% COTTON 77.98 ▲ 7.98% COCOA 5,076 ▲ 1.48% BEEF 241.88 ▼ 6.32% CATTLE 364.20 ▼ 0.11% LITHIUM 77.97 ▼ 0.40% PETR4 37.83 ▲ 0.08% VALE3 77.97 ▲ 0.12% ITUB4 42.44 ▲ 0.62% BBDC4 18.12 ▲ 0.22% ABEV3 16.20 ▼ 0.55% BBAS3 19.73 ▼ 0.90% B3SA3 14.40 ▼ 0.89% WEGE3 46.26 ▼ 1.39% PRIO3 52.40 ▲ 0.48% SUZB3 40.59 ▲ 2.11% RENT3 41.08 ▼ 1.11% AZZA3 17.05 ▼ 4.64% CSAN3 3.70 — 0.00% RAIZ4 0.40 ▲ 5.26% PCAR3 2.29 ▼ 0.87% GMAT3 3.57 ▼ 2.72% PSSA3 52.97 ▲ 0.09% CVCB3 1.37 ▲ 0.74% POSI3 4.08 ▼ 0.49% SLCE3 12.65 ▼ 1.94% NATU3 8.58 ▼ 1.72% BRKM5 6.20 ▼ 2.52% RANI3 7.95 ▲ 1.40% CSNA3 4.59 ▼ 0.65% CMIN3 4.14 ▼ 0.96% USIM5 8.60 ▲ 1.78% GGBR4 20.89 ▲ 0.53% ENEV3 26.25 ▼ 1.76% NEOE3 33.80 — 0.00% CPFE3 44.26 ▼ 1.16% CMIG4 10.81 ▼ 0.55% EQTL3 38.74 ▼ 0.51% LREN3 14.86 ▲ 0.68% VIVT3 33.78 ▼ 0.50% RAIL3 13.17 ▼ 1.94% KLABIN 16.92 ▲ 1.08% RAIA DROGASIL 16.70 ▼ 0.65% RDOR3 35.02 ▲ 0.89% HAPV3 10.55 ▲ 3.33% FLRY3 15.48 ▲ 0.52% SMTO3 15.93 ▲ 1.47% UGPA3 26.04 ▼ 0.08% VBBR3 29.48 ▼ 1.37% BBSE3 38.13 ▼ 2.66% BPAC11 54.00 ▼ 0.17% CURY3 34.79 ▼ 0.77% AERI3 2.03 ▲ 0.50% VIVARA 22.52 ▼ 1.57% COMPASS 24.55 ▲ 1.11% VAMOS 2.75 ▼ 2.14% SANB11 26.66 ▼ 0.52% ASAI3 8.66 ▼ 0.92% SBSP3 29.85 ▲ 0.71% WALMEX 51.07 ▼ 0.58% GMEXICO 197.02 ▼ 0.62% FEMSA 224.44 ▲ 0.67% CEMEX 21.31 ▲ 1.48% GFNORTE 190.00 ▲ 2.94% BIMBO 56.22 ▼ 1.63% TELEVISA 9.50 ▼ 0.73% AMX 22.51 ▼ 0.62% GAP 446.84 ▲ 1.04% ASUR 309.12 ▲ 0.79% OMA 245.87 ▼ 0.71% KOF 185.65 ▲ 0.41% GRUMA 278.61 ▼ 0.83% KIMBER 38.56 ▲ 1.00% SQM-B 68,711 ▲ 0.38% COPEC 5,800 ▲ 0.85% BSANTANDER 75.00 ▼ 0.66% FALABELLA 5,775 ▲ 0.33% ENELAM 82.00 ▼ 0.73% CENCOSUD 2,101 ▼ 1.36% CMPC 1,031 ▲ 0.49% BANCO CHILE 179.51 ▼ 0.55% LATAM AIR 26.40 ▼ 1.53% YPF 70,300 ▼ 1.16% GGAL 7,685 ▼ 1.35% PAMPA 5,040 ▼ 1.56% TXAR 665.00 ▲ 0.38% ALUAR 983.00 ▲ 0.20% TGS 9,015 ▼ 2.54% CEPU 2,272 ▼ 1.52% MIRGOR 16,350 ▲ 0.77% COME 41.41 ▼ 1.22% LOMA NEGRA 3,538 ▼ 1.94% BYMA 303.00 ▼ 2.26% TELECOM ARG 3,968 ▼ 1.92% ECOPETROL 14.45 ▲ 1.44% BANCOLOMBIA 78.22 ▼ 1.52% GRUPO AVAL 5.08 ▲ 0.99% CREDICORP 387.00 ▼ 0.66% SOUTHERN COPPER 168.80 ▼ 3.13% BUENAVENTURA 29.20 ▼ 0.31% MERCADOLIBRE 1,742 ▲ 2.64% NUBANK 13.39 ▲ 0.22% XP 16.18 ▼ 0.49% PAGSEGURO 9.05 — 0.00% STONE 10.99 ▲ 1.38% GLOBANT 31.40 ▲ 8.48% TECNOGLASS 46.97 ▲ 0.34% GAP AIRPORT 252.58 ▼ 0.23% ASUR 309.12 ▲ 0.79% OMA AIRPORT 112.20 ▼ 0.79% AMX ADR 25.61 ▼ 1.46% FEMSA ADR 128.11 ▲ 0.16% CEMEX ADR 12.13 ▲ 1.08% PETROBRAS ADR 15.99 ▼ 1.05% VALE ADR 14.90 ▼ 0.93% ITAU ADR 8.13 ▼ 0.49% SANTANDER BR 5.19 ▼ 1.14% AMBEV ADR 3.11 ▼ 0.96% CSN 0.90 ▼ 1.65% GERDAU 4.02 ▼ 0.50% LATAM ADR 56.91 ▼ 2.33% BTC 60,756 ▲ 3.75% ETH 1,627 ▲ 3.65% SOL 78.27 ▲ 6.46% XRP 1.07 ▲ 2.65% BNB 555.71 ▲ 1.84% ADA 0.16 ▲ 9.11% DOGE 0.07 ▲ 1.98% AVAX 6.77 ▲ 3.73% LINK 7.47 ▲ 3.92% DOT 0.84 ▲ 2.72% LTC 43.42 ▲ 3.68% BCH 216.42 ▲ 8.49% TRX 0.32 ▲ 0.73% XLM 0.20 ▲ 6.98% HBAR 0.07 ▲ 4.54% NEAR 1.87 ▲ 4.98% ATOM 1.56 ▲ 3.27% AAVE 86.11 ▲ 1.29% SELIC 14.25% EMBRAER 81.87 ▲ 0.02% EMBRAER ADR 63.05 ▼ 1.18% JBS 12.07 ▲ 1.86% JBS BDR 62.55 ▲ 2.79% MBRF3 18.00 ▼ 0.17% MBRFY 3.21 ▼ 7.49% INTER 5.49 ▲ 1.11% EGX 50,533 ▲ 0.09% USD/ZAR16.38▼ 0.07% USD/NGN1,373▼ 0.55% NIKKEI 70,475 ▲ 0.59% CSI300 4,959 ▼ 0.41% HSI 22,881 ▼ 0.63% NIFTY 24,006 ▲ 0.59% KOSPI 8,303 ▼ 2.04% JCI 5,695 ▲ 0.92% USD/JPY162.52▼ 0.03% USD/CNY6.78▼ 0.05% DAX 25,040 ▲ 0.18% CAC 8,337 ▼ 0.79% FTSE 10,478 ▼ 0.18% MIB 51,605 ▼ 0.15% IBEX 19,407 ▼ 0.34% STOXX 639.31 ▼ 0.38% EUR/USD1.14▼ 0.35% GBP/USD1.33▲ 0.22% SPX 7,483 ▼ 0.22% DJI 52,305 ▼ 0.03% NDX 29,809 ▼ 1.54% RUT 3,013 ▼ 0.39% TSX 34,857 ▲ 0.10% VIX 16.59 ▲ 0.85% USD/CAD1.42▲ 0.10% US10Y 4.4750 ▲ 1.29% IBOV 171,689 ▼ 0.19% IPSA 10,840 ▲ 0.72% IPC MEX 67,248 ▲ 0.42% MERVAL 3,121,855 ▼ 1.48% COLCAP 2,259.83 ▼ 0.41% BVL PERÚ 55,499.93 — 0.00% USD/BRL 5.21 ▲ 0.89% USD/MXN 17.53 ▲ 0.24% USD/CLP 924.97 ▲ 0.17% USD/COP 3,370 ▼ 2.13% USD/PEN 3.42 ▼ 0.07% USD/ARS 1,489 ▲ 0.34% USD/UYU 40.12 ▲ 1.19% USD/PYG 6,052 ▲ 1.44% USD/BOB 6.85 ▲ 1.65% USD/DOP 59.24 ▲ 0.98% USD/CRC 451.40 ▲ 2.46% USD/GTQ 7.62 ▲ 2.45% USD/HNL 26.70 ▲ 0.51% USD/NIO 36.62 ▲ 0.89% USD/VES 631.78 ▲ 7.69% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.37 ▲ 1.09% USD/TTD 6.73 ▲ 1.24% EUR/BRL 5.93 ▲ 0.15% BRENT 71.14 ▼ 2.44% WTI 68.09 ▼ 2.03% IRON ORE 161.91 — — COPPER 6.16 ▼ 0.59% GOLD 4,045 ▲ 0.54% SILVER 59.61 ▲ 0.22% SOY 1,150 ▲ 2.93% CORN 443.00 ▲ 7.33% WHEAT 601.00 ▲ 3.49% COFFEE 314.60 ▲ 1.09% SUGAR 14.96 ▲ 4.32% ORANGE JUICE 171.85 ▼ 0.52% COTTON 77.98 ▲ 7.98% COCOA 5,076 ▲ 1.48% BEEF 241.88 ▼ 6.32% CATTLE 364.20 ▼ 0.11% LITHIUM 77.97 ▼ 0.40% PETR4 37.83 ▲ 0.08% VALE3 77.97 ▲ 0.12% ITUB4 42.44 ▲ 0.62% BBDC4 18.12 ▲ 0.22% ABEV3 16.20 ▼ 0.55% BBAS3 19.73 ▼ 0.90% B3SA3 14.40 ▼ 0.89% WEGE3 46.26 ▼ 1.39% PRIO3 52.40 ▲ 0.48% SUZB3 40.59 ▲ 2.11% RENT3 41.08 ▼ 1.11% AZZA3 17.05 ▼ 4.64% CSAN3 3.70 — 0.00% RAIZ4 0.40 ▲ 5.26% PCAR3 2.29 ▼ 0.87% GMAT3 3.57 ▼ 2.72% PSSA3 52.97 ▲ 0.09% CVCB3 1.37 ▲ 0.74% POSI3 4.08 ▼ 0.49% SLCE3 12.65 ▼ 1.94% NATU3 8.58 ▼ 1.72% BRKM5 6.20 ▼ 2.52% RANI3 7.95 ▲ 1.40% CSNA3 4.59 ▼ 0.65% CMIN3 4.14 ▼ 0.96% USIM5 8.60 ▲ 1.78% GGBR4 20.89 ▲ 0.53% ENEV3 26.25 ▼ 1.76% NEOE3 33.80 — 0.00% CPFE3 44.26 ▼ 1.16% CMIG4 10.81 ▼ 0.55% EQTL3 38.74 ▼ 0.51% LREN3 14.86 ▲ 0.68% VIVT3 33.78 ▼ 0.50% RAIL3 13.17 ▼ 1.94% KLABIN 16.92 ▲ 1.08% RAIA DROGASIL 16.70 ▼ 0.65% RDOR3 35.02 ▲ 0.89% HAPV3 10.55 ▲ 3.33% FLRY3 15.48 ▲ 0.52% SMTO3 15.93 ▲ 1.47% UGPA3 26.04 ▼ 0.08% VBBR3 29.48 ▼ 1.37% BBSE3 38.13 ▼ 2.66% BPAC11 54.00 ▼ 0.17% CURY3 34.79 ▼ 0.77% AERI3 2.03 ▲ 0.50% VIVARA 22.52 ▼ 1.57% COMPASS 24.55 ▲ 1.11% VAMOS 2.75 ▼ 2.14% SANB11 26.66 ▼ 0.52% ASAI3 8.66 ▼ 0.92% SBSP3 29.85 ▲ 0.71% WALMEX 51.07 ▼ 0.58% GMEXICO 197.02 ▼ 0.62% FEMSA 224.44 ▲ 0.67% CEMEX 21.31 ▲ 1.48% GFNORTE 190.00 ▲ 2.94% BIMBO 56.22 ▼ 1.63% TELEVISA 9.50 ▼ 0.73% AMX 22.51 ▼ 0.62% GAP 446.84 ▲ 1.04% ASUR 309.12 ▲ 0.79% OMA 245.87 ▼ 0.71% KOF 185.65 ▲ 0.41% GRUMA 278.61 ▼ 0.83% KIMBER 38.56 ▲ 1.00% SQM-B 68,711 ▲ 0.38% COPEC 5,800 ▲ 0.85% BSANTANDER 75.00 ▼ 0.66% FALABELLA 5,775 ▲ 0.33% ENELAM 82.00 ▼ 0.73% CENCOSUD 2,101 ▼ 1.36% CMPC 1,031 ▲ 0.49% BANCO CHILE 179.51 ▼ 0.55% LATAM AIR 26.40 ▼ 1.53% YPF 70,300 ▼ 1.16% GGAL 7,685 ▼ 1.35% PAMPA 5,040 ▼ 1.56% TXAR 665.00 ▲ 0.38% ALUAR 983.00 ▲ 0.20% TGS 9,015 ▼ 2.54% CEPU 2,272 ▼ 1.52% MIRGOR 16,350 ▲ 0.77% COME 41.41 ▼ 1.22% LOMA NEGRA 3,538 ▼ 1.94% BYMA 303.00 ▼ 2.26% TELECOM ARG 3,968 ▼ 1.92% ECOPETROL 14.45 ▲ 1.44% BANCOLOMBIA 78.22 ▼ 1.52% GRUPO AVAL 5.08 ▲ 0.99% CREDICORP 387.00 ▼ 0.66% SOUTHERN COPPER 168.80 ▼ 3.13% BUENAVENTURA 29.20 ▼ 0.31% MERCADOLIBRE 1,742 ▲ 2.64% NUBANK 13.39 ▲ 0.22% XP 16.18 ▼ 0.49% PAGSEGURO 9.05 — 0.00% STONE 10.99 ▲ 1.38% GLOBANT 31.40 ▲ 8.48% TECNOGLASS 46.97 ▲ 0.34% GAP AIRPORT 252.58 ▼ 0.23% ASUR 309.12 ▲ 0.79% OMA AIRPORT 112.20 ▼ 0.79% AMX ADR 25.61 ▼ 1.46% FEMSA ADR 128.11 ▲ 0.16% CEMEX ADR 12.13 ▲ 1.08% PETROBRAS ADR 15.99 ▼ 1.05% VALE ADR 14.90 ▼ 0.93% ITAU ADR 8.13 ▼ 0.49% SANTANDER BR 5.19 ▼ 1.14% AMBEV ADR 3.11 ▼ 0.96% CSN 0.90 ▼ 1.65% GERDAU 4.02 ▼ 0.50% LATAM ADR 56.91 ▼ 2.33% BTC 60,756 ▲ 3.75% ETH 1,627 ▲ 3.65% SOL 78.27 ▲ 6.46% XRP 1.07 ▲ 2.65% BNB 555.71 ▲ 1.84% ADA 0.16 ▲ 9.11% DOGE 0.07 ▲ 1.98% AVAX 6.77 ▲ 3.73% LINK 7.47 ▲ 3.92% DOT 0.84 ▲ 2.72% LTC 43.42 ▲ 3.68% BCH 216.42 ▲ 8.49% TRX 0.32 ▲ 0.73% XLM 0.20 ▲ 6.98% HBAR 0.07 ▲ 4.54% NEAR 1.87 ▲ 4.98% ATOM 1.56 ▲ 3.27% AAVE 86.11 ▲ 1.29% SELIC 14.25% EMBRAER 81.87 ▲ 0.02% EMBRAER ADR 63.05 ▼ 1.18% JBS 12.07 ▲ 1.86% JBS BDR 62.55 ▲ 2.79% MBRF3 18.00 ▼ 0.17% MBRFY 3.21 ▼ 7.49% INTER 5.49 ▲ 1.11% EGX 50,533 ▲ 0.09% USD/ZAR 16.39 ▲ 0.10% USD/NGN 1,373 ▼ 0.39% NIKKEI 70,475 ▲ 0.59% CSI300 4,959 ▼ 0.41% HSI 22,881 ▼ 0.63% NIFTY 24,006 ▲ 0.59% KOSPI 8,303 ▼ 2.04% JCI 5,695 ▲ 0.92% USD/JPY 162.51 ▼ 0.02% USD/CNY 6.7937 ▲ 0.23% DAX 25,040 ▲ 0.18% CAC 8,337 ▼ 0.79% FTSE 10,478 ▼ 0.18% MIB 51,605 ▼ 0.15% IBEX 19,407 ▼ 0.34% STOXX 639.31 ▼ 0.38% EUR/USD 1.1382 ▼ 0.39% GBP/USD 1.3280 ▲ 0.13% SPX 7,483 ▼ 0.22% DJI 52,305 ▼ 0.03% NDX 29,809 ▼ 1.54% RUT 3,013 ▼ 0.39% TSX 34,857 ▲ 0.10% VIX 16.59 ▲ 0.85% USD/CAD 1.4205 ▲ 0.08% US10Y 4.4750 ▲ 1.29%
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Brazil Politics - Brazil

Brazil’s Foreign Minister Heads to Washington for Talks With Marco Rubio Amid Tariff Rift

By · October 14, 2025 · 2 min read

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Brazil’s foreign minister, Mauro Vieira, arrived in Washington on Monday, October 13, for talks expected this week with U.S. Secretary of State Marco Rubio, as Brasília seeks to defuse a tariff dispute and address U.S. sanctions on Brazilian officials.

The trip follows an October 6 video call between presidents Luiz Inácio Lula da Silva and Donald Trump. After that conversation, Trump asked Rubio to continue negotiations with Vieira and Brazil’s economic team, including Vice President Geraldo Alckmin and Finance Minister Fernando Haddad.

Itamaraty has not released a detailed schedule, but officials in Brasília expect a meeting before the end of the week. Vieira flew to the United States directly from Rome, where he had accompanied Lula.

At the top of the agenda is a recent surge in U.S. import charges on Brazilian goods that Brasília labels a tarifaço. Brazilian exporters say the additional levies have eroded their competitiveness in the U.S. market and injected new uncertainty into investment plans.

Also in focus are U.S. sanctions targeting Brazilian authorities, which Brasília argues have spilled into the broader diplomatic and trade relationship.

Brazil’s Foreign Minister Heads to Washington for Talks With Marco Rubio Amid Tariff Rift. (Photo Internet reproduction)
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U.S.–Brazil Trade Tensions Enter Cautious Negotiation Phase

The political backdrop is delicate. Rubio has been sharply critical of Lula’s government, and his role has been praised by Brazil’s opposition.

Lula, for his part, has publicly urged that negotiations proceed “without prejudice,” signaling a desire to lower the temperature and focus on practical outcomes.

Why it matters: The United States is one of Brazil’s largest trading partners and a pivotal source of investment and technology. Tariffs that raise costs for Brazilian exporters can translate into weaker sales, pressure on industrial jobs at home, and higher prices for U.S. buyers.

A path to easing or reviewing the surcharges—alongside a clearer understanding on sanctions—would help stabilize a relationship that underpins cooperation in energy, aviation, agriculture, and emerging areas such as critical minerals and digital policy.

What to watch: a joint timeline to assess or suspend the extra import charges; any change in U.S. sanctions posture; and signs that groundwork is being laid for an in-person Lula–Trump meeting in the coming weeks.

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