IBOV 171,133 ▼ 0.21% IPSA 10,923 ▲ 1.70% IPC MEX 67,955 ▲ 1.46% MERVAL 3,352,708 ▼ 0.01% COLCAP 2,386.78 ▲ 1.53% BVL PERÚ 56,321.11 ▲ 7.67% USD/BRL 5.06 — 0.00% USD/MXN 17.19 ▼ 0.03% USD/CLP 898.70 — 0.00% USD/COP 3,454 ▼ 1.02% USD/PEN 3.40 ▼ 0.03% USD/ARS 1,429 ▼ 0.05% USD/UYU 40.54 ▲ 1.73% USD/PYG 6,094 — 0.00% USD/BOB 6.85 — 0.00% USD/DOP 58.58 ▼ 0.17% USD/CRC 451.82 — 0.00% USD/GTQ 7.61 — 0.00% USD/HNL 26.65 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 585.94 ▼ 0.13% USD/PAB 1.00 ▲ 2.27% USD/BZD 2.00 ▲ 1.70% USD/JMD 157.59 ▲ 0.65% USD/TTD 6.76 ▲ 1.49% EUR/BRL 5.88 ▲ 0.04% BRENT 82.93 ▼ 5.04% WTI 80.23 ▼ 5.48% IRON ORE 161.91 — — COPPER 6.48 ▲ 0.83% GOLD 4,359 ▲ 3.41% SILVER 70.74 ▲ 4.24% SOY 1,110 ▼ 0.36% CORN 407.75 ▼ 1.21% WHEAT 574.25 ▼ 1.75% COFFEE 255.55 ▼ 0.64% SUGAR 14.24 ▲ 3.94% ORANGE JUICE 164.85 ▼ 0.57% COTTON 76.42 ▲ 4.77% COCOA 4,104 ▲ 8.60% BEEF 241.18 ▼ 4.10% CATTLE 357.43 ▼ 0.62% LITHIUM 82.37 ▲ 2.02% PETR4 41.18 — 0.00% VALE3 79.17 — 0.00% ITUB4 40.60 — 0.00% BBDC4 17.80 ▲ 0.68% ABEV3 16.61 ▼ 0.18% BBAS3 19.46 ▲ 0.26% B3SA3 15.23 ▼ 1.36% WEGE3 42.61 — 0.00% PRIO3 61.34 — 0.00% SUZB3 41.52 ▲ 0.56% RENT3 40.70 ▼ 0.25% AZZA3 17.19 ▼ 1.83% CSAN3 3.34 ▼ 0.89% RAIZ4 0.43 — 0.00% PCAR3 1.55 — 0.00% GMAT3 3.96 — 0.00% PSSA3 50.49 — 0.00% CVCB3 1.39 ▲ 5.30% POSI3 3.64 — 0.00% SLCE3 14.25 — 0.00% NATU3 8.56 — 0.00% BRKM5 9.10 ▼ 6.67% RANI3 7.95 — 0.00% CSNA3 6.05 ▲ 0.67% CMIN3 4.30 ▼ 0.92% USIM5 10.85 — 0.00% GGBR4 23.88 — 0.00% ENEV3 24.54 ▲ 0.57% NEOE3 33.80 — 0.00% CPFE3 44.42 ▲ 0.11% CMIG4 10.73 ▼ 0.74% EQTL3 38.77 ▼ 0.31% LREN3 15.38 — 0.00% VIVT3 33.53 — 0.00% RAIL3 13.36 — 0.00% KLABIN 16.88 — 0.00% RAIA DROGASIL 17.46 — 0.00% RDOR3 34.08 — 0.00% HAPV3 11.40 — 0.00% FLRY3 15.18 ▲ 0.13% SMTO3 15.80 — 0.00% UGPA3 24.80 — 0.00% VBBR3 29.15 — 0.00% BBSE3 37.87 ▲ 0.19% BPAC11 50.39 ▼ 0.18% CURY3 32.11 ▲ 0.72% AERI3 2.33 ▼ 0.43% VIVARA 21.33 — 0.00% COMPASS 25.29 — 0.00% VAMOS 3.03 ▲ 3.06% SANB11 27.13 — 0.00% ASAI3 8.10 ▼ 1.70% SBSP3 27.54 — 0.00% WALMEX 52.15 ▲ 0.66% GMEXICO 209.34 ▲ 1.32% FEMSA 222.73 ▲ 0.52% CEMEX 22.31 ▲ 1.97% GFNORTE 187.96 ▲ 2.92% BIMBO 58.24 — 0.00% TELEVISA 9.99 ▲ 1.42% AMX 23.92 ▲ 0.34% GAP 407.52 ▲ 2.66% ASUR 287.09 ▲ 1.07% OMA 219.39 ▲ 2.80% KOF 187.96 ▲ 1.56% GRUMA 296.70 ▲ 1.09% KIMBER 37.42 ▲ 2.44% SQM-B 75,500 ▲ 3.99% COPEC 6,120 ▼ 0.63% BSANTANDER 73.60 ▲ 1.60% FALABELLA 5,950 ▼ 0.34% ENELAM 79.57 ▲ 3.06% CENCOSUD 2,248 ▲ 3.11% CMPC 1,060 ▲ 1.89% BANCO CHILE 182.00 ▲ 2.10% LATAM AIR 23.94 ▲ 3.41% YPF 83,400 ▼ 0.36% GGAL 8,210 ▼ 0.73% PAMPA 5,290 ▼ 0.28% TXAR 694.00 ▼ 0.93% ALUAR 1,029 ▲ 0.19% TGS 9,875 ▼ 0.25% CEPU 2,371 ▼ 1.00% MIRGOR 17,150 ▼ 0.72% COME 44.98 ▼ 2.34% LOMA NEGRA 3,750 — 0.00% BYMA 305.50 ▲ 0.74% TELECOM ARG 4,570 ▼ 3.89% ECOPETROL 16.58 ▲ 1.97% BANCOLOMBIA 80.26 ▼ 0.71% GRUPO AVAL 5.55 ▲ 3.16% CREDICORP 369.55 ▲ 0.32% SOUTHERN COPPER 189.79 ▲ 4.19% BUENAVENTURA 33.42 ▲ 2.01% MERCADOLIBRE 1,590 ▼ 1.27% NUBANK 12.19 ▲ 0.83% XP 16.02 ▲ 2.36% PAGSEGURO 8.96 ▲ 0.22% STONE 11.26 ▲ 0.09% GLOBANT 37.49 ▲ 2.94% TECNOGLASS 43.79 ▲ 0.11% GAP AIRPORT 236.89 ▲ 3.08% ASUR 287.09 ▲ 1.07% OMA AIRPORT 101.77 ▲ 2.59% AMX ADR 27.76 ▲ 0.36% FEMSA ADR 129.37 ▲ 0.79% CEMEX ADR 12.98 ▲ 2.20% PETROBRAS ADR 18.38 ▲ 0.77% VALE ADR 15.71 ▲ 2.28% ITAU ADR 7.99 ▲ 1.01% SANTANDER BR 5.43 ▲ 1.12% AMBEV ADR 3.25 ▲ 0.93% CSN 1.22 ▲ 0.83% GERDAU 4.75 ▲ 1.93% LATAM ADR 53.25 ▲ 3.46% BTC 65,701 ▼ 0.01% ETH 1,724 ▼ 0.04% SOL 71.41 ▲ 0.34% XRP 1.19 ▼ 0.01% BNB 613.96 ▼ 0.35% ADA 0.18 ▼ 1.09% DOGE 0.09 ▼ 0.30% AVAX 6.77 ▼ 0.09% LINK 8.22 ▲ 0.65% DOT 1.00 ▲ 0.95% LTC 44.88 ▼ 1.06% BCH 216.49 ▲ 3.08% TRX 0.32 ▼ 0.05% XLM 0.19 ▲ 0.50% HBAR 0.08 ▲ 0.30% NEAR 2.39 ▲ 7.82% ATOM 1.97 ▼ 1.79% AAVE 73.92 ▲ 8.31% SELIC 14.50% EMBRAER 72.85 ▲ 2.32% EMBRAER ADR 57.80 ▲ 3.02% JBS 12.54 ▲ 2.79% JBS BDR 62.98 — 0.00% MBRF3 15.99 — 0.00% MBRFY 3.00 ▼ 0.99% INTER 5.77 ▲ 1.05% EGX 52,193 ▲ 0.38% USD/ZAR 16.18 ▼ 0.57% USD/NGN 1,360 — 0.00% NIKKEI 69,318 ▲ 4.99% CSI300 4,892 ▲ 2.39% HSI 24,843 ▲ 0.50% NIFTY 23,854 ▲ 0.98% KOSPI 8,546 ▲ 5.20% JCI 6,255 ▲ 4.12% USD/JPY 160.13 ▼ 0.03% USD/CNY 6.7565 ▼ 0.08% DAX 24,910 ▲ 1.11% CAC 8,431 ▲ 0.96% FTSE 10,478 ▲ 0.06% MIB 51,811 ▲ 0.61% IBEX 18,984 ▲ 1.17% STOXX 636.76 ▲ 0.56% EUR/USD 1.1609 ▲ 0.31% GBP/USD 1.3426 ▲ 0.14% SPX 7,431 ▲ 0.50% DJI 51,202 ▲ 0.70% NDX 29,636 ▲ 0.64% RUT 2,944 ▲ 0.79% TSX 34,938 ▲ 0.77% VIX 16.85 ▼ 4.69% USD/CAD 1.3972 ▼ 0.11% US10Y 4.4870 ▲ 0.54% IBOV 171,133 ▼ 0.21% IPSA 10,923 ▲ 1.70% IPC MEX 67,955 ▲ 1.46% MERVAL 3,352,708 ▼ 0.01% COLCAP 2,386.78 ▲ 1.53% BVL PERÚ 56,321.11 ▲ 7.67% USD/BRL 5.06 — 0.00% USD/MXN 17.19 ▼ 0.03% USD/CLP 898.70 — 0.00% USD/COP 3,454 ▼ 1.02% USD/PEN 3.40 ▼ 0.03% USD/ARS 1,429 ▼ 0.05% USD/UYU 40.54 ▲ 1.73% USD/PYG 6,094 — 0.00% USD/BOB 6.85 — 0.00% USD/DOP 58.58 ▼ 0.17% USD/CRC 451.82 — 0.00% USD/GTQ 7.61 — 0.00% USD/HNL 26.65 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 585.94 ▼ 0.13% USD/PAB 1.00 ▲ 2.27% USD/BZD 2.00 ▲ 1.70% USD/JMD 157.59 ▲ 0.65% USD/TTD 6.76 ▲ 1.49% EUR/BRL 5.88 ▲ 0.04% BRENT 82.93 ▼ 5.04% WTI 80.23 ▼ 5.48% IRON ORE 161.91 — — COPPER 6.48 ▲ 0.83% GOLD 4,359 ▲ 3.41% SILVER 70.74 ▲ 4.24% SOY 1,110 ▼ 0.36% CORN 407.75 ▼ 1.21% WHEAT 574.25 ▼ 1.75% COFFEE 255.55 ▼ 0.64% SUGAR 14.24 ▲ 3.94% ORANGE JUICE 164.85 ▼ 0.57% COTTON 76.42 ▲ 4.77% COCOA 4,104 ▲ 8.60% BEEF 241.18 ▼ 4.10% CATTLE 357.43 ▼ 0.62% LITHIUM 82.37 ▲ 2.02% PETR4 41.18 — 0.00% VALE3 79.17 — 0.00% ITUB4 40.60 — 0.00% BBDC4 17.80 ▲ 0.68% ABEV3 16.61 ▼ 0.18% BBAS3 19.46 ▲ 0.26% B3SA3 15.23 ▼ 1.36% WEGE3 42.61 — 0.00% PRIO3 61.34 — 0.00% SUZB3 41.52 ▲ 0.56% RENT3 40.70 ▼ 0.25% AZZA3 17.19 ▼ 1.83% CSAN3 3.34 ▼ 0.89% RAIZ4 0.43 — 0.00% PCAR3 1.55 — 0.00% GMAT3 3.96 — 0.00% PSSA3 50.49 — 0.00% CVCB3 1.39 ▲ 5.30% POSI3 3.64 — 0.00% SLCE3 14.25 — 0.00% NATU3 8.56 — 0.00% BRKM5 9.10 ▼ 6.67% RANI3 7.95 — 0.00% CSNA3 6.05 ▲ 0.67% CMIN3 4.30 ▼ 0.92% USIM5 10.85 — 0.00% GGBR4 23.88 — 0.00% ENEV3 24.54 ▲ 0.57% NEOE3 33.80 — 0.00% CPFE3 44.42 ▲ 0.11% CMIG4 10.73 ▼ 0.74% EQTL3 38.77 ▼ 0.31% LREN3 15.38 — 0.00% VIVT3 33.53 — 0.00% RAIL3 13.36 — 0.00% KLABIN 16.88 — 0.00% RAIA DROGASIL 17.46 — 0.00% RDOR3 34.08 — 0.00% HAPV3 11.40 — 0.00% FLRY3 15.18 ▲ 0.13% SMTO3 15.80 — 0.00% UGPA3 24.80 — 0.00% VBBR3 29.15 — 0.00% BBSE3 37.87 ▲ 0.19% BPAC11 50.39 ▼ 0.18% CURY3 32.11 ▲ 0.72% AERI3 2.33 ▼ 0.43% VIVARA 21.33 — 0.00% COMPASS 25.29 — 0.00% VAMOS 3.03 ▲ 3.06% SANB11 27.13 — 0.00% ASAI3 8.10 ▼ 1.70% SBSP3 27.54 — 0.00% WALMEX 52.15 ▲ 0.66% GMEXICO 209.34 ▲ 1.32% FEMSA 222.73 ▲ 0.52% CEMEX 22.31 ▲ 1.97% GFNORTE 187.96 ▲ 2.92% BIMBO 58.24 — 0.00% TELEVISA 9.99 ▲ 1.42% AMX 23.92 ▲ 0.34% GAP 407.52 ▲ 2.66% ASUR 287.09 ▲ 1.07% OMA 219.39 ▲ 2.80% KOF 187.96 ▲ 1.56% GRUMA 296.70 ▲ 1.09% KIMBER 37.42 ▲ 2.44% SQM-B 75,500 ▲ 3.99% COPEC 6,120 ▼ 0.63% BSANTANDER 73.60 ▲ 1.60% FALABELLA 5,950 ▼ 0.34% ENELAM 79.57 ▲ 3.06% CENCOSUD 2,248 ▲ 3.11% CMPC 1,060 ▲ 1.89% BANCO CHILE 182.00 ▲ 2.10% LATAM AIR 23.94 ▲ 3.41% YPF 83,400 ▼ 0.36% GGAL 8,210 ▼ 0.73% PAMPA 5,290 ▼ 0.28% TXAR 694.00 ▼ 0.93% ALUAR 1,029 ▲ 0.19% TGS 9,875 ▼ 0.25% CEPU 2,371 ▼ 1.00% MIRGOR 17,150 ▼ 0.72% COME 44.98 ▼ 2.34% LOMA NEGRA 3,750 — 0.00% BYMA 305.50 ▲ 0.74% TELECOM ARG 4,570 ▼ 3.89% ECOPETROL 16.58 ▲ 1.97% BANCOLOMBIA 80.26 ▼ 0.71% GRUPO AVAL 5.55 ▲ 3.16% CREDICORP 369.55 ▲ 0.32% SOUTHERN COPPER 189.79 ▲ 4.19% BUENAVENTURA 33.42 ▲ 2.01% MERCADOLIBRE 1,590 ▼ 1.27% NUBANK 12.19 ▲ 0.83% XP 16.02 ▲ 2.36% PAGSEGURO 8.96 ▲ 0.22% STONE 11.26 ▲ 0.09% GLOBANT 37.49 ▲ 2.94% TECNOGLASS 43.79 ▲ 0.11% GAP AIRPORT 236.89 ▲ 3.08% ASUR 287.09 ▲ 1.07% OMA AIRPORT 101.77 ▲ 2.59% AMX ADR 27.76 ▲ 0.36% FEMSA ADR 129.37 ▲ 0.79% CEMEX ADR 12.98 ▲ 2.20% PETROBRAS ADR 18.38 ▲ 0.77% VALE ADR 15.71 ▲ 2.28% ITAU ADR 7.99 ▲ 1.01% SANTANDER BR 5.43 ▲ 1.12% AMBEV ADR 3.25 ▲ 0.93% CSN 1.22 ▲ 0.83% GERDAU 4.75 ▲ 1.93% LATAM ADR 53.25 ▲ 3.46% BTC 65,701 ▼ 0.01% ETH 1,724 ▼ 0.04% SOL 71.41 ▲ 0.34% XRP 1.19 ▼ 0.01% BNB 613.96 ▼ 0.35% ADA 0.18 ▼ 1.09% DOGE 0.09 ▼ 0.30% AVAX 6.77 ▼ 0.09% LINK 8.22 ▲ 0.65% DOT 1.00 ▲ 0.95% LTC 44.88 ▼ 1.06% BCH 216.49 ▲ 3.08% TRX 0.32 ▼ 0.05% XLM 0.19 ▲ 0.50% HBAR 0.08 ▲ 0.30% NEAR 2.39 ▲ 7.82% ATOM 1.97 ▼ 1.79% AAVE 73.92 ▲ 8.31% SELIC 14.50% EMBRAER 72.85 ▲ 2.32% EMBRAER ADR 57.80 ▲ 3.02% JBS 12.54 ▲ 2.79% JBS BDR 62.98 — 0.00% MBRF3 15.99 — 0.00% MBRFY 3.00 ▼ 0.99% INTER 5.77 ▲ 1.05% EGX 52,193 ▲ 0.38% USD/ZAR 16.18 ▼ 0.57% USD/NGN 1,360 — 0.00% NIKKEI 69,318 ▲ 4.99% CSI300 4,892 ▲ 2.39% HSI 24,843 ▲ 0.50% NIFTY 23,854 ▲ 0.98% KOSPI 8,546 ▲ 5.20% JCI 6,255 ▲ 4.12% USD/JPY 160.13 ▼ 0.03% USD/CNY 6.7565 ▼ 0.08% DAX 24,910 ▲ 1.11% CAC 8,431 ▲ 0.96% FTSE 10,478 ▲ 0.06% MIB 51,811 ▲ 0.61% IBEX 18,984 ▲ 1.17% STOXX 636.76 ▲ 0.56% EUR/USD 1.1609 ▲ 0.31% GBP/USD 1.3426 ▲ 0.14% SPX 7,431 ▲ 0.50% DJI 51,202 ▲ 0.70% NDX 29,636 ▲ 0.64% RUT 2,944 ▲ 0.79% TSX 34,938 ▲ 0.77% VIX 16.85 ▼ 4.69% USD/CAD 1.3972 ▼ 0.11% US10Y 4.4870 ▲ 0.54%
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Monday, June 15, 2026

Brazil Brazil Elections 2026

Brazil’s Right Splinters as Tariffs and Political Uncertainty Shape 2026 Race

By · July 14, 2025 · 2 min read

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Official government and party sources confirm Brazil’s right-wing faces a major split ahead of the 2026 presidential race.
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\nFive sitting governors—Tarcísio de Freitas (São Paulo), Ronaldo Caiado (Goiás), Ratinho Jr. (Paraná), Romeu Zema (Minas Gerais), and Eduardo Leite (Rio Grande do Sul)—have emerged as possible candidates.
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\nThey compete with Eduardo Bolsonaro, son of former President Jair Bolsonaro, who remains barred from running until 2030 due to a Supreme Court ruling related to the 2023 coup attempt.
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\nTarcísio de Freitas, seen as the strongest contender if he wins Bolsonaro’s backing, recently tried to negotiate with the U.S. after President Donald Trump announced a 50% tariff on Brazilian exports.
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\nThis tariff, confirmed by the U.S. Trade Representative and Brazil’s Ministry of Economy, targets key sectors such as beef, coffee, orange juice, and steel, which together accounted for over $20 billion in exports in 2024, according to official trade data.
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Brazil’s Right Splinters as Tariffs and Political Uncertainty Shape 2026 Race
Brazil’s Right Splinters as Tariffs and Political Uncertainty Shape 2026 Race. (Photo Internet reproduction)
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\nEduardo Bolsonaro publicly opposed Tarcísio’s efforts, insisting that any deal with the U.S. must include amnesty for those prosecuted after the January 2023 events. He has also lobbied his father not to support Tarcísio, arguing it would give away the family’s political power.
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Right-Wing Rift Deepens in Brazil

\nThis dispute has deepened the rift among right-wing leaders, with some, like Zema, calling the tariffs “wrong and unfair,” while others blame President Lula and the Supreme Court for the fallout.
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\nRomeu Zema and Ronaldo Caiado, both finishing their last terms as governors, have little to lose by running for president. Caiado has already declared his candidacy, stating he will only step aside if Jair Bolsonaro becomes eligible—an unlikely scenario.
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\nParty strategists warn that too many right-wing candidates will split the vote, making it easier for President Lula to win re-election. Lula, backed by a united left, has used the tariff dispute to rally support and paint the right as divided and vulnerable to foreign pressure.
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\nBusiness leaders and center-right parties have called for unity behind Tarcísio, arguing that only a single candidate can challenge Lula. However, Bolsonaro’s refusal to endorse anyone, unless they promise him a pardon if convicted, has stalled any agreement.
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\nParty leaders also fear that multiple campaigns will drain resources from crucial state and congressional races. With the Trump tariffs threatening Brazil’s exports and the right unable to unite, Lula’s path to re-election looks clearer.
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\nThe political split not only weakens the opposition but also adds risk for Brazil’s export-driven economy at a time of global uncertainty.

For the full picture, see our Brazil Elections 2026: Complete Guide.

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