IBOV 168,639 ▲ 0.11% IPSA 10,831 ▲ 0.18% IPC MEX 68,548 ▲ 0.36% MERVAL 3,324,928 ▲ 1.00% COLCAP 2,394.24 ▲ 0.72% BVL PERÚ 58,000.52 ▲ 2.50% USD/BRL5.17▲ 1.19% USD/MXN17.37▲ 0.40% USD/CLP895.77▲ 0.57% USD/COP3,457▲ 0.69% USD/PEN3.38▲ 0.12% USD/ARS1,448▲ 0.42% USD/UYU39.97▲ 0.23% USD/PYG6,069▲ 1.27% USD/BOB6.86▲ 1.38% USD/DOP58.33▼ 0.29% USD/CRC450.55▲ 1.55% USD/GTQ7.62▲ 2.21% USD/HNL26.67▲ 0.47% USD/NIO36.62▲ 0.31% USD/VES600.83▲ 2.41% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 0.26% USD/TTD6.70▲ 0.49% EUR/BRL5.93▲ 0.22% BRENT 77.38 ▼ 2.73% WTI 73.65 ▼ 4.09% IRON ORE 161.91 — — COPPER 6.40 ▼ 1.21% GOLD 4,251 ▼ 2.48% SILVER 66.20 ▼ 6.37% SOY 1,143 ▲ 0.95% CORN 416.75 ▼ 1.01% WHEAT 612.25 ▼ 0.08% COFFEE 267.40 ▼ 3.76% SUGAR 14.12 ▲ 1.95% ORANGE JUICE 151.80 ▲ 1.98% COTTON 79.33 ▲ 3.16% COCOA 4,110 ▼ 0.82% BEEF 248.35 ▼ 2.88% CATTLE 368.45 ▲ 0.28% LITHIUM 82.10 ▼ 1.17% PETR4 38.11 ▼ 1.19% VALE3 79.43 ▼ 0.44% ITUB4 41.05 ▲ 1.51% BBDC4 17.66 ▲ 0.63% ABEV3 16.23 ▲ 0.25% BBAS3 19.59 ▲ 0.93% B3SA3 14.47 ▼ 0.96% WEGE3 45.67 ▲ 4.27% PRIO3 56.17 ▼ 1.00% SUZB3 43.23 ▲ 2.37% RENT3 40.19 ▼ 0.86% AZZA3 16.54 ▼ 0.36% CSAN3 3.46 ▼ 0.29% RAIZ4 0.42 — 0.00% PCAR3 1.79 ▲ 6.55% GMAT3 3.85 ▲ 0.26% PSSA3 52.54 ▲ 1.92% CVCB3 1.31 — 0.00% POSI3 3.78 ▲ 1.34% SLCE3 13.60 ▼ 1.09% NATU3 7.64 ▼ 2.43% BRKM5 7.63 ▼ 8.84% RANI3 7.84 ▼ 0.38% CSNA3 5.46 ▼ 3.02% CMIN3 4.25 ▼ 0.47% USIM5 9.27 ▼ 3.03% GGBR4 21.94 ▼ 3.81% ENEV3 24.41 ▲ 1.37% NEOE3 33.80 — 0.00% CPFE3 44.10 ▲ 1.54% CMIG4 10.73 ▲ 0.85% EQTL3 37.09 — 0.00% LREN3 14.13 ▼ 2.21% VIVT3 32.91 ▲ 0.15% RAIL3 12.38 ▼ 0.56% KLABIN 17.09 ▲ 0.77% RAIA DROGASIL 17.29 ▼ 1.26% RDOR3 33.29 ▲ 0.51% HAPV3 10.73 ▲ 1.42% FLRY3 14.93 ▲ 1.63% SMTO3 14.66 ▼ 5.60% UGPA3 24.62 ▲ 1.78% VBBR3 28.64 ▲ 1.13% BBSE3 39.81 ▲ 1.30% BPAC11 50.90 ▲ 1.01% CURY3 32.90 ▲ 3.20% AERI3 2.27 — 0.00% VIVARA 21.04 ▲ 1.54% COMPASS 25.07 ▲ 0.28% VAMOS 2.72 ▲ 0.37% SANB11 27.08 — 0.00% ASAI3 7.77 ▼ 0.38% SBSP3 27.28 ▼ 0.66% WALMEX 51.73 ▼ 0.12% GMEXICO 212.50 ▼ 1.02% FEMSA 220.46 ▲ 1.03% CEMEX 22.26 ▲ 1.92% GFNORTE 191.62 ▲ 0.27% BIMBO 57.76 ▲ 0.07% TELEVISA 10.47 ▼ 0.38% AMX 23.08 ▲ 0.70% GAP 438.69 ▲ 1.65% ASUR 307.00 ▲ 1.85% OMA 242.15 ▼ 0.07% KOF 189.17 ▲ 1.64% GRUMA 292.61 ▲ 0.04% KIMBER 37.44 ▼ 1.29% SQM-B 71,849 ▼ 2.97% COPEC 6,012 ▲ 0.36% BSANTANDER 73.90 ▲ 1.64% FALABELLA 6,078 ▲ 0.42% ENELAM 77.10 ▲ 0.18% CENCOSUD 2,145 ▲ 1.65% CMPC 1,063 ▼ 0.17% BANCO CHILE 181.78 ▲ 1.55% LATAM AIR 25.10 ▲ 3.38% YPF 75,900 ▼ 1.01% GGAL 8,635 ▲ 3.23% PAMPA 5,190 ▲ 0.68% TXAR 681.00 ▲ 0.29% ALUAR 1,004 ▲ 0.30% TGS 9,415 ▼ 1.41% CEPU 2,366 ▼ 0.30% MIRGOR 16,350 ▼ 2.97% COME 45.15 ▲ 0.29% LOMA NEGRA 3,538 ▼ 1.05% BYMA 316.75 ▲ 0.96% TELECOM ARG 4,170 ▼ 4.69% ECOPETROL 15.97 ▲ 1.91% BANCOLOMBIA 80.70 ▲ 0.95% GRUPO AVAL 5.54 ▼ 0.81% CREDICORP 388.02 ▲ 0.28% SOUTHERN COPPER 190.67 ▼ 0.53% BUENAVENTURA 32.82 ▼ 4.15% MERCADOLIBRE 1,634 ▲ 0.10% NUBANK 12.95 ▲ 0.44% XP 15.39 ▼ 0.23% PAGSEGURO 8.90 ▼ 0.17% STONE 10.77 ▼ 0.05% GLOBANT 31.42 ▼ 9.23% TECNOGLASS 47.21 ▲ 4.61% GAP AIRPORT 253.20 ▲ 1.85% ASUR 307.00 ▲ 1.85% OMA AIRPORT 111.78 ▲ 0.22% AMX ADR 26.53 ▲ 0.30% FEMSA ADR 127.19 ▲ 1.29% CEMEX ADR 12.80 ▲ 1.59% PETROBRAS ADR 16.40 ▼ 2.35% VALE ADR 15.43 ▼ 0.68% ITAU ADR 7.92 ▼ 0.60% SANTANDER BR 5.31 ▼ 1.12% AMBEV ADR 3.13 ▼ 0.48% CSN 1.08 ▼ 3.59% GERDAU 4.28 ▼ 4.79% LATAM ADR 56.60 ▲ 3.78% BTC 62,700 ▼ 2.67% ETH 1,697 ▼ 2.92% SOL 68.96 ▼ 4.13% XRP 1.14 ▼ 4.08% BNB 576.70 ▼ 4.04% ADA 0.16 ▼ 3.42% DOGE 0.08 ▼ 4.20% AVAX 6.26 ▼ 7.28% LINK 7.83 ▼ 3.01% DOT 0.95 ▼ 5.11% LTC 43.15 ▼ 3.81% BCH 194.86 ▼ 8.19% TRX 0.32 ▼ 0.98% XLM 0.24 ▲ 6.45% HBAR 0.08 ▼ 2.57% NEAR 2.20 ▲ 0.88% ATOM 1.80 ▼ 5.22% AAVE 71.52 ▼ 3.03% SELIC 14.25% EMBRAER 79.30 ▲ 0.71% EMBRAER ADR 61.38 ▲ 0.11% JBS 12.16 ▼ 0.53% JBS BDR 62.81 ▲ 0.77% MBRF3 15.67 ▲ 1.10% MBRFY 2.99 ▲ 2.05% INTER 5.55 ▼ 0.27% EGX 52,622 ▲ 1.10% USD/ZAR16.44▲ 0.18% USD/NGN1,358▲ 0.01% NIKKEI 71,053 ▲ 1.65% CSI300 4,942 ▲ 0.21% HSI 23,925 ▼ 1.59% NIFTY 24,168 ▲ 0.34% KOSPI 9,064 ▲ 2.25% JCI 6,172 ▼ 0.78% USD/JPY161.07▲ 0.27% USD/CNY6.77▲ 0.18% DAX 25,001 ▲ 0.26% CAC 8,455 ▲ 0.29% FTSE 10,383 ▼ 1.19% MIB 52,742 ▲ 0.59% IBEX 19,373 ▼ 0.25% STOXX 636.46 ▼ 0.45% EUR/USD1.15▼ 0.21% GBP/USD1.32▼ 1.45% SPX 7,486 ▲ 0.89% DJI 51,668 ▲ 0.34% NDX 30,285 ▲ 2.07% RUT 2,959 ▲ 0.67% TSX 34,982 ▼ 0.41% VIX 17.14 ▲ 4.45% USD/CAD1.41▲ 0.28% US10Y 4.4240 ▼ 0.87% IBOV 168,639 ▲ 0.11% IPSA 10,831 ▲ 0.18% IPC MEX 68,548 ▲ 0.36% MERVAL 3,324,928 ▲ 1.00% COLCAP 2,394.24 ▲ 0.72% BVL PERÚ 58,000.52 ▲ 2.50% USD/BRL 5.17 ▲ 1.19% USD/MXN 17.37 ▲ 0.40% USD/CLP 895.77 ▲ 0.57% USD/COP 3,457 ▲ 0.69% USD/PEN 3.38 ▲ 0.12% USD/ARS 1,448 ▲ 0.42% USD/UYU 39.97 ▲ 0.23% USD/PYG 6,069 ▲ 1.27% USD/BOB 6.86 ▲ 1.38% USD/DOP 58.33 ▼ 0.29% USD/CRC 450.55 ▲ 1.55% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.67 ▲ 0.47% USD/NIO 36.62 ▲ 0.31% USD/VES 600.83 ▲ 2.41% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 0.26% USD/TTD 6.70 ▲ 0.49% EUR/BRL 5.93 ▲ 0.22% BRENT 77.38 ▼ 2.73% WTI 73.65 ▼ 4.09% IRON ORE 161.91 — — COPPER 6.40 ▼ 1.21% GOLD 4,251 ▼ 2.48% SILVER 66.20 ▼ 6.37% SOY 1,143 ▲ 0.95% CORN 416.75 ▼ 1.01% WHEAT 612.25 ▼ 0.08% COFFEE 267.40 ▼ 3.76% SUGAR 14.12 ▲ 1.95% ORANGE JUICE 151.80 ▲ 1.98% COTTON 79.33 ▲ 3.16% COCOA 4,110 ▼ 0.82% BEEF 248.35 ▼ 2.88% CATTLE 368.45 ▲ 0.28% LITHIUM 82.10 ▼ 1.17% PETR4 38.11 ▼ 1.19% VALE3 79.43 ▼ 0.44% ITUB4 41.05 ▲ 1.51% BBDC4 17.66 ▲ 0.63% ABEV3 16.23 ▲ 0.25% BBAS3 19.59 ▲ 0.93% B3SA3 14.47 ▼ 0.96% WEGE3 45.67 ▲ 4.27% PRIO3 56.17 ▼ 1.00% SUZB3 43.23 ▲ 2.37% RENT3 40.19 ▼ 0.86% AZZA3 16.54 ▼ 0.36% CSAN3 3.46 ▼ 0.29% RAIZ4 0.42 — 0.00% PCAR3 1.79 ▲ 6.55% GMAT3 3.85 ▲ 0.26% PSSA3 52.54 ▲ 1.92% CVCB3 1.31 — 0.00% POSI3 3.78 ▲ 1.34% SLCE3 13.60 ▼ 1.09% NATU3 7.64 ▼ 2.43% BRKM5 7.63 ▼ 8.84% RANI3 7.84 ▼ 0.38% CSNA3 5.46 ▼ 3.02% CMIN3 4.25 ▼ 0.47% USIM5 9.27 ▼ 3.03% GGBR4 21.94 ▼ 3.81% ENEV3 24.41 ▲ 1.37% NEOE3 33.80 — 0.00% CPFE3 44.10 ▲ 1.54% CMIG4 10.73 ▲ 0.85% EQTL3 37.09 — 0.00% LREN3 14.13 ▼ 2.21% VIVT3 32.91 ▲ 0.15% RAIL3 12.38 ▼ 0.56% KLABIN 17.09 ▲ 0.77% RAIA DROGASIL 17.29 ▼ 1.26% RDOR3 33.29 ▲ 0.51% HAPV3 10.73 ▲ 1.42% FLRY3 14.93 ▲ 1.63% SMTO3 14.66 ▼ 5.60% UGPA3 24.62 ▲ 1.78% VBBR3 28.64 ▲ 1.13% BBSE3 39.81 ▲ 1.30% BPAC11 50.90 ▲ 1.01% CURY3 32.90 ▲ 3.20% AERI3 2.27 — 0.00% VIVARA 21.04 ▲ 1.54% COMPASS 25.07 ▲ 0.28% VAMOS 2.72 ▲ 0.37% SANB11 27.08 — 0.00% ASAI3 7.77 ▼ 0.38% SBSP3 27.28 ▼ 0.66% WALMEX 51.73 ▼ 0.12% GMEXICO 212.50 ▼ 1.02% FEMSA 220.46 ▲ 1.03% CEMEX 22.26 ▲ 1.92% GFNORTE 191.62 ▲ 0.27% BIMBO 57.76 ▲ 0.07% TELEVISA 10.47 ▼ 0.38% AMX 23.08 ▲ 0.70% GAP 438.69 ▲ 1.65% ASUR 307.00 ▲ 1.85% OMA 242.15 ▼ 0.07% KOF 189.17 ▲ 1.64% GRUMA 292.61 ▲ 0.04% KIMBER 37.44 ▼ 1.29% SQM-B 71,849 ▼ 2.97% COPEC 6,012 ▲ 0.36% BSANTANDER 73.90 ▲ 1.64% FALABELLA 6,078 ▲ 0.42% ENELAM 77.10 ▲ 0.18% CENCOSUD 2,145 ▲ 1.65% CMPC 1,063 ▼ 0.17% BANCO CHILE 181.78 ▲ 1.55% LATAM AIR 25.10 ▲ 3.38% YPF 75,900 ▼ 1.01% GGAL 8,635 ▲ 3.23% PAMPA 5,190 ▲ 0.68% TXAR 681.00 ▲ 0.29% ALUAR 1,004 ▲ 0.30% TGS 9,415 ▼ 1.41% CEPU 2,366 ▼ 0.30% MIRGOR 16,350 ▼ 2.97% COME 45.15 ▲ 0.29% LOMA NEGRA 3,538 ▼ 1.05% BYMA 316.75 ▲ 0.96% TELECOM ARG 4,170 ▼ 4.69% ECOPETROL 15.97 ▲ 1.91% BANCOLOMBIA 80.70 ▲ 0.95% GRUPO AVAL 5.54 ▼ 0.81% CREDICORP 388.02 ▲ 0.28% SOUTHERN COPPER 190.67 ▼ 0.53% BUENAVENTURA 32.82 ▼ 4.15% MERCADOLIBRE 1,634 ▲ 0.10% NUBANK 12.95 ▲ 0.44% XP 15.39 ▼ 0.23% PAGSEGURO 8.90 ▼ 0.17% STONE 10.77 ▼ 0.05% GLOBANT 31.42 ▼ 9.23% TECNOGLASS 47.21 ▲ 4.61% GAP AIRPORT 253.20 ▲ 1.85% ASUR 307.00 ▲ 1.85% OMA AIRPORT 111.78 ▲ 0.22% AMX ADR 26.53 ▲ 0.30% FEMSA ADR 127.19 ▲ 1.29% CEMEX ADR 12.80 ▲ 1.59% PETROBRAS ADR 16.40 ▼ 2.35% VALE ADR 15.43 ▼ 0.68% ITAU ADR 7.92 ▼ 0.60% SANTANDER BR 5.31 ▼ 1.12% AMBEV ADR 3.13 ▼ 0.48% CSN 1.08 ▼ 3.59% GERDAU 4.28 ▼ 4.79% LATAM ADR 56.60 ▲ 3.78% BTC 62,700 ▼ 2.67% ETH 1,697 ▼ 2.92% SOL 68.96 ▼ 4.13% XRP 1.14 ▼ 4.08% BNB 576.70 ▼ 4.04% ADA 0.16 ▼ 3.42% DOGE 0.08 ▼ 4.20% AVAX 6.26 ▼ 7.28% LINK 7.83 ▼ 3.01% DOT 0.95 ▼ 5.11% LTC 43.15 ▼ 3.81% BCH 194.86 ▼ 8.19% TRX 0.32 ▼ 0.98% XLM 0.24 ▲ 6.45% HBAR 0.08 ▼ 2.57% NEAR 2.20 ▲ 0.88% ATOM 1.80 ▼ 5.22% AAVE 71.52 ▼ 3.03% SELIC 14.25% EMBRAER 79.30 ▲ 0.71% EMBRAER ADR 61.38 ▲ 0.11% JBS 12.16 ▼ 0.53% JBS BDR 62.81 ▲ 0.77% MBRF3 15.67 ▲ 1.10% MBRFY 2.99 ▲ 2.05% INTER 5.55 ▼ 0.27% EGX 52,622 ▲ 1.10% USD/ZAR 16.44 ▲ 0.24% USD/NGN 1,358 ▲ 0.09% NIKKEI 71,053 ▲ 1.65% CSI300 4,942 ▲ 0.21% HSI 23,925 ▼ 1.59% NIFTY 24,168 ▲ 0.34% KOSPI 9,064 ▲ 2.25% JCI 6,172 ▼ 0.78% USD/JPY 160.98 ▲ 0.28% USD/CNY 6.7705 ▲ 0.20% DAX 25,001 ▲ 0.26% CAC 8,455 ▲ 0.29% FTSE 10,383 ▼ 1.19% MIB 52,742 ▲ 0.59% IBEX 19,373 ▼ 0.25% STOXX 636.46 ▼ 0.45% EUR/USD 1.1477 ▼ 0.26% GBP/USD 1.3234 ▼ 0.47% SPX 7,486 ▲ 0.89% DJI 51,668 ▲ 0.34% NDX 30,285 ▲ 2.07% RUT 2,959 ▲ 0.67% TSX 34,982 ▼ 0.41% VIX 17.14 ▲ 4.45% USD/CAD 1.4135 ▲ 0.28% US10Y 4.4240 ▼ 0.87%
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Thursday, June 18, 2026

Brazil Politics - Brazil

Lula Vows Reciprocal Action if Trump Imposes Tariffs on Brazil

By · January 30, 2025 · 2 min read

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Brazilian President Luiz Inácio Lula da Silva warned of reciprocal measures if the United States imposes tariffs on Brazilian imports. Lula made this statement during a press conference at the Planalto Palace on Thursday, as reported by local media.

Lula emphasized the importance of mutual respect between nations. He stated that Trump should respect Brazil’s sovereignty, just as other leaders respect their counterparts.

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This marks Lula’s first public comment on the diplomatic tension since Trump’s return to office. The Brazilian leader’s stance mirrors that of Colombian President Gustavo Petro. Both leaders have pushed back against Trump’s threats of tariffs linked to deportation policies.

Brazil’s government has taken a measured approach despite concerns over the treatment of deportees. Lula seeks a pragmatic relationship with the U.S., particularly regarding environmental policies.

He called for serious dialogue on climate change ahead of the UN Climate Conference in Belém in November 2025. Lula criticized Trump’s decision to leave the Paris Agreement as a step backward for civilization.

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The Brazilian president sees no immediate need for a phone call with Trump. He mentioned sending a congratulatory letter to the U.S. government after Trump’s victory. Lula suggested they might meet at a G7 summit or the UN General Assembly.

Trade between Brazil and the U.S. reached $75 billion in 2023. Brazil’s exports to the U.S. hit record levels in 2024, exceeding $40 billion. The U.S. remains Brazil’s second-largest trading partner after China.

Brazil’s Foreign Policy

Lula’s approach reflects a delicate balance between protecting Brazil’s economic interests and maintaining productive ties. He aims to represent the Global South and promote multipolarity in international relations.

This stance aligns with Brazil’s current leadership of the BRICS group. The Brazilian leader faces challenges in navigating this relationship. Trump‘s protectionist measures could impact Brazil’s agricultural and energy sectors.

Lula must also manage Brazil’s deepening ties with China and other non-Western countries. Despite these hurdles, opportunities for cooperation exist. Both leaders may align on seeking a quicker end to the Ukraine conflict.

Brazil could become a key source of critical minerals for the U.S. Energy cooperation, especially in sustainable energy, presents another potential area for collaboration. Lula’s firm yet measured response underscores the complex dynamics at play.

As both nations adapt to this new phase, pragmatism and shared interests may shape their future interactions. The coming months will reveal how these two leaders navigate their differences and find common ground.

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