IBOV 172,603 ▲ 1.14% IPSA 11,003 ▲ 0.52% IPC MEX 66,377 ▼ 0.35% MERVAL 3,202,490 ▼ 0.67% COLCAP 2,294.59 ▼ 0.79% BVL PERÚ 54,904.64 ▲ 1.95% USD/BRL5.12▼ 0.64% USD/MXN17.53▼ 0.30% USD/CLP927.13▼ 0.79% USD/COP3,301▼ 1.12% USD/PEN3.40▼ 0.35% USD/ARS1,487▼ 0.03% USD/UYU40.30▲ 1.47% USD/PYG6,061▲ 1.47% USD/BOB9.85▲ 1.50% USD/DOP58.54▼ 0.19% USD/CRC450.34▲ 1.59% USD/GTQ7.62▲ 2.24% USD/HNL26.72▲ 1.48% USD/NIO36.62▼ 0.45% USD/VES698.47▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.39▲ 0.95% USD/TTD6.73▲ 1.06% EUR/BRL5.85▼ 0.65% BRENT 75.84 ▼ 2.79% WTI 71.71 ▼ 2.46% IRON ORE 161.91 — — COPPER 6.26 ▲ 3.46% GOLD 4,139 ▲ 1.67% SILVER 60.59 ▲ 4.17% SOY 1,182 ▼ 1.11% CORN 451.75 ▲ 3.91% WHEAT 620.00 ▲ 3.42% COFFEE 341.45 ▲ 5.30% SUGAR 15.15 ▲ 0.26% ORANGE JUICE 145.35 ▼ 8.15% COTTON 80.32 ▲ 5.39% COCOA 6,366 ▲ 6.83% BEEF 235.30 ▼ 0.98% CATTLE 356.28 ▼ 1.60% LITHIUM 73.05 ▲ 1.28% PETR4 39.10 ▼ 1.39% VALE3 72.94 ▲ 0.33% ITUB4 42.64 ▲ 1.79% BBDC4 17.99 ▲ 1.70% ABEV3 15.76 ▲ 0.90% BBAS3 19.95 ▲ 2.15% B3SA3 14.74 ▲ 3.51% WEGE3 45.81 ▲ 1.01% PRIO3 55.55 ▼ 1.54% SUZB3 41.24 ▲ 1.00% RENT3 39.64 ▲ 2.06% AZZA3 18.48 ▲ 3.24% CSAN3 3.85 ▲ 2.67% RAIZ4 0.37 ▼ 2.63% PCAR3 2.79 ▲ 2.95% GMAT3 3.87 ▲ 3.48% PSSA3 53.27 ▲ 1.47% CVCB3 1.25 ▲ 2.46% POSI3 3.89 ▲ 2.91% SLCE3 13.75 ▲ 4.09% NATU3 8.34 ▼ 1.88% BRKM5 6.48 ▲ 5.54% RANI3 7.89 ▲ 0.13% CSNA3 4.82 ▲ 3.21% CMIN3 4.85 ▲ 4.08% USIM5 8.43 ▲ 0.96% GGBR4 22.64 ▲ 2.26% ENEV3 26.04 ▲ 2.12% CPFE3 46.25 ▲ 1.74% CMIG4 10.99 ▲ 1.76% EQTL3 39.32 ▲ 1.73% LREN3 14.01 ▲ 2.19% VIVT3 34.59 ▲ 0.82% RAIL3 13.68 ▲ 3.25% KLABIN 17.27 ▲ 0.64% RAIA DROGASIL 17.91 ▲ 3.41% RDOR3 34.87 ▲ 2.32% HAPV3 10.15 ▲ 1.91% FLRY3 15.65 ▲ 1.56% SMTO3 15.72 ▲ 3.08% UGPA3 29.91 ▲ 1.87% VBBR3 32.34 ▲ 2.18% BBSE3 39.37 ▲ 1.60% BPAC11 55.44 ▲ 2.76% CURY3 32.59 ▲ 4.02% AERI3 2.05 ▲ 0.99% VIVARA 22.93 ▲ 3.43% COMPASS 24.71 ▲ 0.77% VAMOS 2.96 ▲ 5.34% SANB11 26.25 ▲ 2.54% ASAI3 8.54 ▲ 0.59% SBSP3 29.95 ▲ 2.39% WALMEX 49.00 ▼ 1.37% GMEXICO 198.05 ▲ 0.75% FEMSA 222.91 ▼ 0.92% CEMEX 21.71 ▲ 1.50% GFNORTE 186.31 ▼ 0.33% BIMBO 56.00 ▼ 1.51% TELEVISA 9.44 ▼ 1.05% AMX 22.61 ▼ 2.63% GAP 414.82 ▼ 0.22% ASUR 286.07 ▲ 0.48% OMA 239.56 ▲ 1.59% KOF 182.29 ▼ 0.46% GRUMA 281.50 ▼ 0.45% KIMBER 38.25 ▼ 1.37% SQM-B 68,981 ▼ 0.75% COPEC 6,071 ▲ 0.68% BSANTANDER 77.80 ▲ 0.91% FALABELLA 5,900 ▲ 0.34% ENELAM 84.94 ▼ 0.53% CENCOSUD 2,098 ▲ 0.91% CMPC 1,091 ▲ 1.18% BANCO CHILE 186.40 ▲ 0.51% LATAM AIR 26.44 ▲ 3.69% YPF 75,775 — 0.00% GGAL 7,910 ▼ 1.68% PAMPA 5,185 ▲ 0.10% TXAR 665.00 ▼ 1.41% ALUAR 960.00 ▼ 3.03% TGS 9,355 ▲ 0.27% CEPU 2,310 ▼ 0.82% MIRGOR 17,400 ▲ 0.58% COME 45.47 ▲ 2.87% LOMA NEGRA 3,510 ▼ 0.85% BYMA 309.75 ▲ 1.14% TELECOM ARG 4,133 ▲ 1.29% ECOPETROL 15.28 ▲ 0.99% BANCOLOMBIA 80.91 ▲ 1.12% GRUPO AVAL 5.01 ▲ 3.51% CREDICORP 393.66 ▲ 3.20% SOUTHERN COPPER 174.81 ▲ 4.55% BUENAVENTURA 29.24 ▲ 3.10% MERCADOLIBRE 1,795 ▼ 0.77% NUBANK 13.68 ▲ 2.32% XP 16.47 ▲ 6.64% PAGSEGURO 9.03 ▲ 2.91% STONE 10.96 ▲ 4.14% GLOBANT 31.19 ▲ 4.30% TECNOGLASS 43.51 ▼ 0.98% GAP AIRPORT 236.29 ▼ 0.00% ASUR 286.07 ▲ 0.48% OMA AIRPORT 109.21 ▲ 1.78% AMX ADR 25.67 ▼ 2.80% FEMSA ADR 127.46 ▼ 0.27% CEMEX ADR 12.40 ▲ 1.85% PETROBRAS ADR 16.94 ▼ 1.77% VALE ADR 14.23 ▲ 1.25% ITAU ADR 8.32 ▲ 1.90% SANTANDER BR 5.18 ▲ 2.68% AMBEV ADR 3.06 ▲ 1.25% CSN 0.96 ▲ 3.64% GERDAU 4.44 ▲ 3.14% LATAM ADR 57.06 ▲ 4.70% BTC 63,223 ▲ 1.55% ETH 1,752 ▲ 0.55% SOL 78.15 ▲ 0.47% XRP 1.10 ▲ 0.58% BNB 572.08 ▲ 0.66% ADA 0.17 ▲ 0.06% DOGE 0.07 ▲ 1.20% AVAX 6.73 ▲ 4.08% LINK 7.78 ▲ 2.04% DOT 0.83 ▲ 0.95% LTC 44.14 ▲ 1.18% BCH 238.18 ▲ 1.28% TRX 0.33 ▲ 1.08% XLM 0.18 ▲ 1.79% HBAR 0.07 ▲ 1.69% NEAR 1.93 ▲ 2.12% ATOM 1.55 ▼ 0.69% AAVE 91.80 ▲ 4.10% SELIC 14.25% EMBRAER 84.25 ▲ 3.37% EMBRAER ADR 65.82 ▲ 3.78% JBS 11.83 ▲ 0.08% JBS BDR 60.48 ▼ 0.69% MBRF3 15.50 ▲ 0.78% MBRFY 3.00 ▲ 3.09% INTER 5.71 ▲ 2.42% EGX 52,312 ▲ 0.54% USD/ZAR16.32▼ 0.57% USD/NGN1,375▼ 0.20% NIKKEI 67,744 ▲ 1.38% CSI300 4,876 ▲ 2.54% HSI 24,030 ▼ 0.70% NIFTY 23,963 ▲ 0.34% KOSPI 7,292 ▲ 0.62% JCI 5,912 ▲ 0.67% USD/JPY162.36▼ 0.14% USD/CNY6.78▼ 0.33% DAX 25,118 ▲ 0.89% CAC 8,327 ▲ 0.90% FTSE 10,472 ▼ 0.16% MIB 52,382 ▲ 1.09% IBEX 19,323 ▲ 1.14% STOXX 640.87 ▲ 0.78% EUR/USD1.14▲ 0.18% GBP/USD1.34▲ 0.49% SPX 7,543 ▲ 0.81% DJI 52,524 ▲ 0.34% NDX 29,755 ▲ 1.72% RUT 2,997 ▲ 1.38% TSX 35,262 ▲ 0.93% VIX 16.04 ▼ 5.09% USD/CAD1.42▼ 0.04% US10Y 4.5330 ▼ 0.79% IBOV 172,603 ▲ 1.14% IPSA 11,003 ▲ 0.52% IPC MEX 66,377 ▼ 0.35% MERVAL 3,202,490 ▼ 0.67% COLCAP 2,294.59 ▼ 0.79% BVL PERÚ 54,904.64 ▲ 1.95% USD/BRL 5.12 ▼ 0.64% USD/MXN 17.53 ▼ 0.30% USD/CLP 927.13 ▼ 0.79% USD/COP 3,301 ▼ 1.12% USD/PEN 3.40 ▼ 0.35% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.30 ▲ 1.47% USD/PYG 6,061 ▲ 1.47% USD/BOB 9.85 ▲ 1.50% USD/DOP 58.54 ▼ 0.19% USD/CRC 450.34 ▲ 1.59% USD/GTQ 7.62 ▲ 2.24% USD/HNL 26.72 ▲ 1.48% USD/NIO 36.62 ▼ 0.45% USD/VES 698.47 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.39 ▲ 0.95% USD/TTD 6.73 ▲ 1.06% EUR/BRL 5.85 ▼ 0.69% BRENT 75.84 ▼ 2.79% WTI 71.71 ▼ 2.46% IRON ORE 161.91 — — COPPER 6.26 ▲ 3.46% GOLD 4,139 ▲ 1.67% SILVER 60.59 ▲ 4.17% SOY 1,182 ▼ 1.11% CORN 451.75 ▲ 3.91% WHEAT 620.00 ▲ 3.42% COFFEE 341.45 ▲ 5.30% SUGAR 15.15 ▲ 0.26% ORANGE JUICE 145.35 ▼ 8.15% COTTON 80.32 ▲ 5.39% COCOA 6,366 ▲ 6.83% BEEF 235.30 ▼ 0.98% CATTLE 356.28 ▼ 1.60% LITHIUM 73.05 ▲ 1.28% PETR4 39.10 ▼ 1.39% VALE3 72.94 ▲ 0.33% ITUB4 42.64 ▲ 1.79% BBDC4 17.99 ▲ 1.70% ABEV3 15.76 ▲ 0.90% BBAS3 19.95 ▲ 2.15% B3SA3 14.74 ▲ 3.51% WEGE3 45.81 ▲ 1.01% PRIO3 55.55 ▼ 1.54% SUZB3 41.24 ▲ 1.00% RENT3 39.64 ▲ 2.06% AZZA3 18.48 ▲ 3.24% CSAN3 3.85 ▲ 2.67% RAIZ4 0.37 ▼ 2.63% PCAR3 2.79 ▲ 2.95% GMAT3 3.87 ▲ 3.48% PSSA3 53.27 ▲ 1.47% CVCB3 1.25 ▲ 2.46% POSI3 3.89 ▲ 2.91% SLCE3 13.75 ▲ 4.09% NATU3 8.34 ▼ 1.88% BRKM5 6.48 ▲ 5.54% RANI3 7.89 ▲ 0.13% CSNA3 4.82 ▲ 3.21% CMIN3 4.85 ▲ 4.08% USIM5 8.43 ▲ 0.96% GGBR4 22.64 ▲ 2.26% ENEV3 26.04 ▲ 2.12% CPFE3 46.25 ▲ 1.74% CMIG4 10.99 ▲ 1.76% EQTL3 39.32 ▲ 1.73% LREN3 14.01 ▲ 2.19% VIVT3 34.59 ▲ 0.82% RAIL3 13.68 ▲ 3.25% KLABIN 17.27 ▲ 0.64% RAIA DROGASIL 17.91 ▲ 3.41% RDOR3 34.87 ▲ 2.32% HAPV3 10.15 ▲ 1.91% FLRY3 15.65 ▲ 1.56% SMTO3 15.72 ▲ 3.08% UGPA3 29.91 ▲ 1.87% VBBR3 32.34 ▲ 2.18% BBSE3 39.37 ▲ 1.60% BPAC11 55.44 ▲ 2.76% CURY3 32.59 ▲ 4.02% AERI3 2.05 ▲ 0.99% VIVARA 22.93 ▲ 3.43% COMPASS 24.71 ▲ 0.77% VAMOS 2.96 ▲ 5.34% SANB11 26.25 ▲ 2.54% ASAI3 8.54 ▲ 0.59% SBSP3 29.95 ▲ 2.39% WALMEX 49.00 ▼ 1.37% GMEXICO 198.05 ▲ 0.75% FEMSA 222.91 ▼ 0.92% CEMEX 21.71 ▲ 1.50% GFNORTE 186.31 ▼ 0.33% BIMBO 56.00 ▼ 1.51% TELEVISA 9.44 ▼ 1.05% AMX 22.61 ▼ 2.63% GAP 414.82 ▼ 0.22% ASUR 286.07 ▲ 0.48% OMA 239.56 ▲ 1.59% KOF 182.29 ▼ 0.46% GRUMA 281.50 ▼ 0.45% KIMBER 38.25 ▼ 1.37% SQM-B 68,981 ▼ 0.75% COPEC 6,071 ▲ 0.68% BSANTANDER 77.80 ▲ 0.91% FALABELLA 5,900 ▲ 0.34% ENELAM 84.94 ▼ 0.53% CENCOSUD 2,098 ▲ 0.91% CMPC 1,091 ▲ 1.18% BANCO CHILE 186.40 ▲ 0.51% LATAM AIR 26.44 ▲ 3.69% YPF 75,775 — 0.00% GGAL 7,910 ▼ 1.68% PAMPA 5,185 ▲ 0.10% TXAR 665.00 ▼ 1.41% ALUAR 960.00 ▼ 3.03% TGS 9,355 ▲ 0.27% CEPU 2,310 ▼ 0.82% MIRGOR 17,400 ▲ 0.58% COME 45.47 ▲ 2.87% LOMA NEGRA 3,510 ▼ 0.85% BYMA 309.75 ▲ 1.14% TELECOM ARG 4,133 ▲ 1.29% ECOPETROL 15.28 ▲ 0.99% BANCOLOMBIA 80.91 ▲ 1.12% GRUPO AVAL 5.01 ▲ 3.51% CREDICORP 393.66 ▲ 3.20% SOUTHERN COPPER 174.81 ▲ 4.55% BUENAVENTURA 29.24 ▲ 3.10% MERCADOLIBRE 1,795 ▼ 0.77% NUBANK 13.68 ▲ 2.32% XP 16.47 ▲ 6.64% PAGSEGURO 9.03 ▲ 2.91% STONE 10.96 ▲ 4.14% GLOBANT 31.19 ▲ 4.30% TECNOGLASS 43.51 ▼ 0.98% GAP AIRPORT 236.29 ▼ 0.00% ASUR 286.07 ▲ 0.48% OMA AIRPORT 109.21 ▲ 1.78% AMX ADR 25.67 ▼ 2.80% FEMSA ADR 127.46 ▼ 0.27% CEMEX ADR 12.40 ▲ 1.85% PETROBRAS ADR 16.94 ▼ 1.77% VALE ADR 14.23 ▲ 1.25% ITAU ADR 8.32 ▲ 1.90% SANTANDER BR 5.18 ▲ 2.68% AMBEV ADR 3.06 ▲ 1.25% CSN 0.96 ▲ 3.64% GERDAU 4.44 ▲ 3.14% LATAM ADR 57.06 ▲ 4.70% BTC 63,223 ▲ 1.55% ETH 1,752 ▲ 0.55% SOL 78.15 ▲ 0.47% XRP 1.10 ▲ 0.58% BNB 572.08 ▲ 0.66% ADA 0.17 ▲ 0.06% DOGE 0.07 ▲ 1.20% AVAX 6.73 ▲ 4.08% LINK 7.78 ▲ 2.04% DOT 0.83 ▲ 0.95% LTC 44.14 ▲ 1.18% BCH 238.18 ▲ 1.28% TRX 0.33 ▲ 1.08% XLM 0.18 ▲ 1.79% HBAR 0.07 ▲ 1.69% NEAR 1.93 ▲ 2.12% ATOM 1.55 ▼ 0.69% AAVE 91.80 ▲ 4.10% SELIC 14.25% EMBRAER 84.25 ▲ 3.37% EMBRAER ADR 65.82 ▲ 3.78% JBS 11.83 ▲ 0.08% JBS BDR 60.48 ▼ 0.69% MBRF3 15.50 ▲ 0.78% MBRFY 3.00 ▲ 3.09% INTER 5.71 ▲ 2.42% EGX 52,312 ▲ 0.54% USD/ZAR 16.31 ▼ 0.66% USD/NGN 1,375 ▲ 0.03% NIKKEI 67,744 ▲ 1.38% CSI300 4,876 ▲ 2.54% HSI 24,030 ▼ 0.70% NIFTY 23,963 ▲ 0.34% KOSPI 7,292 ▲ 0.62% JCI 5,912 ▲ 0.67% USD/JPY 162.29 ▼ 0.17% USD/CNY 6.7810 ▼ 0.23% DAX 25,118 ▲ 0.89% CAC 8,327 ▲ 0.90% FTSE 10,472 ▼ 0.16% MIB 52,382 ▲ 1.09% IBEX 19,323 ▲ 1.14% STOXX 640.87 ▲ 0.78% EUR/USD 1.1440 ▲ 0.16% GBP/USD 1.3416 ▲ 0.19% SPX 7,543 ▲ 0.81% DJI 52,524 ▲ 0.34% NDX 29,755 ▲ 1.72% RUT 2,997 ▲ 1.38% TSX 35,262 ▲ 0.93% VIX 16.04 ▼ 5.09% USD/CAD 1.4165 ▼ 0.06% US10Y 4.5330 ▼ 0.79%
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Thursday, July 9, 2026

Petro Arrives in Washington for a Summit With Trump That Seemed Impossible Weeks Ago

By · February 2, 2026 · 3 min read

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Key Points

  • Colombia’s leftist president and Donald Trump went from mutual threats of war to a White House meeting in under a month — after the U.S. captured Venezuela’s leader in a military raid
  • The world’s largest cocaine producer is presenting record drug seizures while sitting on record drug production, and both sides know it
  • What happens Tuesday could reshape the most important security partnership in Latin America, with billions in aid and trade on the line

A year ago, Donald Trump threatened to bomb Colombia. Colombia’s president, Gustavo Petro, threatened to pick up a gun. On Tuesday morning, they shake hands at the White House.

The story of how they got here is the story of how the Western Hemisphere’s most important security partnership nearly collapsed — and why it matters far beyond South America.

Petro, Colombia’s first leftist president, a former guerrilla fighter who once stormed the country’s Palace of Justice, took office in 2022 promising to rethink the American-backed drug war.

Petro Arrives in Washington for a Summit With Trump That Seemed Impossible Weeks Ago. (Photo Internet reproduction)
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Instead of sending soldiers to rip out coca plants, he would invest in poor farmers and go after cartel bosses. Trump, returning to power in January 2025, wanted the opposite: harder enforcement, more eradication, fewer excuses.

The friction turned personal fast. Petro blocked U.S. deportation flights carrying shackled Colombian migrants. Trump threatened 25% tariffs within hours. Petro backed down the same day, but the damage was done.

Petro Washington Relationship Reaches Breaking Point

Over the following months, Washington revoked Petro’s visa after he urged American soldiers to disobey Trump at a UN protest over Gaza, sanctioned him alongside his wife and son over drug allegations, and decertified Colombia‘s anti-narcotics cooperation for the first time since 1997.

Then came the earthquake. On January 3, 2026, U.S. forces raided Caracas and captured Venezuelan President Nicolás Maduro. Over 100 people died. Petro condemned it.

Trump called him “a sick man” and mused about doing the same to Colombia. A 55-minute phone call on January 7 pulled them back from the edge.

Now Petro arrives carrying contradictory numbers. His government claims 2,800 tons of cocaine seized and 521 extraditions.

But UN data shows coca cultivation hit a record 253,000 hectares, cocaine production surged 53% to 2,664 metric tons, and eradication collapsed 93% from its 2020 peak.

Critics on the right say Petro’s softer approach caused the boom. Supporters on the left argue Washington punished him for his politics — on Gaza, on Venezuela — not his drug record, noting coca surged under conservative predecessors too.

To get this meeting, Petro made concessions he spent his career opposing: restarting glyphosate crop fumigation, resuming deportation flights, and agreeing to joint military operations against the ELN guerrilla.

With $39 billion in bilateral trade, Colombia’s May elections approaching, and the precedent of a captured head of state next door, Tuesday’s closed-door session is not just another diplomatic handshake. It is a test of whether the hemisphere’s rules still hold.

Download full report here.

Related coverage: Brazil’s Morning Call | Chile Closes 2025 With a Surprise Growth Beat, but Mining Wo This is part of The Rio Times’ daily coverage of global affairs and Latin American financial news.

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