IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL5.09▲ 0.64% USD/MXN17.52▲ 0.77% USD/CLP945.21▲ 1.03% USD/COP3,220▼ 0.22% USD/PEN3.40▼ 0.16% USD/ARS1,489▲ 0.43% USD/UYU40.14▲ 1.16% USD/PYG6,025▲ 1.20% USD/BOB11.03▲ 3.57% USD/DOP57.95▼ 0.09% USD/CRC451.03▲ 2.18% USD/GTQ7.62▲ 2.29% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.48% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 0.25% BRENT 87.10 ▼ 7.41% WTI 92.64 ▲ 6.69% IRON ORE 161.91 — — COPPER 6.34 ▼ 1.77% GOLD 4,052 ▼ 2.28% SILVER 57.72 ▼ 3.83% SOY 1,243 ▲ 0.83% CORN 484.75 ▲ 4.92% WHEAT 698.50 ▼ 1.03% COFFEE 308.30 ▼ 2.64% SUGAR 14.68 ▼ 0.41% ORANGE JUICE 146.95 ▼ 2.23% COTTON 81.49 ▲ 2.03% COCOA 5,210 ▼ 2.21% BEEF 220.33 ▼ 1.29% CATTLE 337.90 ▼ 0.96% LITHIUM 68.75 ▼ 0.36% PETR4 43.33 ▲ 1.76% VALE3 76.38 ▲ 1.70% ITUB4 42.52 ▼ 0.89% BBDC4 18.79 ▼ 0.95% ABEV3 15.97 ▼ 0.99% BBAS3 20.96 ▼ 0.62% B3SA3 15.69 ▼ 1.32% WEGE3 45.20 ▼ 3.29% PRIO3 61.25 ▲ 2.48% SUZB3 42.22 ▼ 1.03% RENT3 36.77 ▼ 1.00% AZZA3 17.58 ▼ 1.29% CSAN3 3.92 — 0.00% RAIZ4 0.28 ▲ 3.70% PCAR3 2.77 ▲ 0.73% GMAT3 3.88 ▼ 0.77% PSSA3 55.37 ▼ 0.14% CVCB3 1.26 ▼ 0.79% POSI3 3.68 ▼ 0.54% SLCE3 13.99 ▲ 0.21% NATU3 8.64 ▼ 0.46% BRKM5 6.19 ▲ 1.98% RANI3 7.99 ▼ 0.13% CSNA3 5.43 ▲ 0.93% CMIN3 5.73 ▼ 1.88% USIM5 8.62 ▼ 0.35% GGBR4 24.16 ▲ 0.42% ENEV3 25.74 ▼ 0.89% CPFE3 46.55 ▼ 0.34% CMIG4 11.20 ▼ 0.09% EQTL3 38.93 ▼ 1.07% LREN3 13.39 ▼ 1.11% VIVT3 34.91 ▼ 1.33% RAIL3 13.93 ▲ 2.13% KLABIN 17.68 ▼ 1.39% RAIA DROGASIL 18.52 ▲ 1.26% RDOR3 33.88 ▼ 1.77% HAPV3 10.95 ▼ 3.86% FLRY3 16.69 ▲ 0.24% SMTO3 16.15 ▲ 0.62% UGPA3 33.12 ▲ 0.88% VBBR3 35.19 ▲ 0.60% BBSE3 42.57 ▼ 0.02% BPAC11 56.27 ▼ 1.32% CURY3 29.82 ▼ 1.26% AERI3 2.04 ▼ 0.49% VIVARA 21.45 ▼ 0.46% COMPASS 24.90 ▲ 0.36% VAMOS 3.18 ▼ 1.55% SANB11 26.80 ▼ 0.56% ASAI3 8.19 ▼ 2.50% SBSP3 28.83 ▼ 1.57% WALMEX 47.23 ▼ 2.92% GMEXICO 210.01 ▼ 2.33% FEMSA 225.50 ▼ 0.98% CEMEX 21.65 ▼ 2.35% GFNORTE 191.79 ▲ 0.09% BIMBO 60.02 ▼ 0.46% TELEVISA 9.78 ▼ 0.41% AMX 22.74 ▲ 0.22% GAP 378.04 ▲ 0.35% ASUR 270.10 ▼ 1.25% OMA 227.75 ▼ 0.42% KOF 181.58 ▼ 0.59% GRUMA 277.04 ▼ 1.22% KIMBER 38.79 ▼ 0.08% SQM-B 66,463 ▲ 2.16% COPEC 6,498 ▼ 0.79% BSANTANDER 80.27 ▲ 0.53% FALABELLA 6,045 ▲ 0.04% ENELAM 84.58 ▲ 0.06% CENCOSUD 2,000 ▼ 0.49% CMPC 1,069 ▼ 0.07% BANCO CHILE 193.97 ▲ 0.24% LATAM AIR 23.60 ▼ 2.03% YPF 83,000 ▲ 0.61% GGAL 8,055 ▼ 2.66% PAMPA 5,590 ▼ 0.62% TXAR 668.00 — 0.00% ALUAR 973.00 ▼ 0.10% TGS 10,020 ▲ 1.16% CEPU 2,399 ▼ 0.50% MIRGOR 16,625 ▼ 1.77% COME 42.68 ▼ 1.07% LOMA NEGRA 3,755 ▼ 1.44% BYMA 291.25 ▼ 1.44% TELECOM ARG 4,250 ▼ 3.85% ECOPETROL 16.80 ▲ 0.66% BANCOLOMBIA 86.01 ▲ 1.59% GRUPO AVAL 4.98 ▼ 1.19% CREDICORP 391.71 ▼ 0.50% SOUTHERN COPPER 183.59 ▼ 6.08% BUENAVENTURA 31.22 ▼ 2.71% MERCADOLIBRE 1,778 ▼ 1.19% NUBANK 14.23 ▼ 1.93% XP 17.16 ▼ 0.81% PAGSEGURO 9.42 ▼ 2.59% STONE 11.01 ▼ 3.08% GLOBANT 30.00 ▼ 2.18% TECNOGLASS 44.37 ▼ 1.88% GAP AIRPORT 216.20 ▼ 0.62% ASUR 270.10 ▼ 1.25% OMA AIRPORT 104.01 ▼ 1.27% AMX ADR 25.85 ▼ 1.03% FEMSA ADR 128.82 ▼ 1.60% CEMEX ADR 12.35 ▼ 2.95% PETROBRAS ADR 19.24 ▲ 1.85% VALE ADR 15.00 ▲ 1.01% ITAU ADR 8.36 ▼ 1.47% SANTANDER BR 5.36 ▼ 1.65% AMBEV ADR 3.11 ▼ 0.96% CSN 1.09 ▼ 0.46% GERDAU 4.76 ▼ 0.20% LATAM ADR 49.67 ▼ 3.10% BTC 64,863 ▼ 1.87% ETH 1,890 ▼ 2.24% SOL 76.21 ▼ 2.18% XRP 1.11 ▼ 3.08% BNB 565.64 ▼ 0.90% ADA 0.17 ▼ 2.70% DOGE 0.07 ▼ 4.79% AVAX 6.42 ▼ 2.98% LINK 8.46 ▼ 1.89% DOT 0.81 ▼ 2.54% LTC 46.36 ▼ 1.51% BCH 213.46 ▼ 2.96% TRX 0.33 ▼ 0.67% XLM 0.18 ▼ 2.71% HBAR 0.07 ▼ 1.50% NEAR 1.87 ▲ 0.27% ATOM 1.44 ▼ 2.08% AAVE 95.74 ▼ 1.66% SELIC 14.25% EMBRAER 83.35 ▼ 0.53% EMBRAER ADR 65.17 ▼ 1.33% JBS 12.05 ▼ 1.63% JBS BDR 61.36 ▼ 0.71% MBRF3 16.12 ▲ 0.56% MBRFY 3.14 ▼ 1.57% INTER 5.51 ▼ 3.25% EGX 53,932 ▼ 0.11% USD/ZAR16.78▲ 2.37% USD/NGN1,366▼ 0.48% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY163.88▲ 0.45% USD/CNY6.76▼ 0.12% DAX 24,750 ▼ 1.61% CAC 8,296 ▼ 1.68% FTSE 10,636 ▼ 0.76% MIB 51,406 ▼ 2.63% IBEX 19,259 ▼ 1.59% STOXX 639.23 ▼ 1.19% EUR/USD1.14▼ 0.36% GBP/USD1.33▼ 0.57% SPX 7,383 ▼ 1.55% DJI 51,594 ▼ 1.20% NDX 28,310 ▼ 2.37% RUT 2,931 ▼ 0.99% TSX 35,103 ▼ 1.08% VIX 19.88 ▲ 19.47% USD/CAD1.41▲ 0.07% US10Y 4.7070 ▲ 1.07% IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL 5.09 ▲ 0.64% USD/MXN 17.52 ▲ 0.77% USD/CLP 947.19 ▲ 1.24% USD/COP 3,220 ▼ 0.22% USD/PEN 3.40 ▼ 0.16% USD/ARS 1,489 ▲ 0.43% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,025 ▲ 1.20% USD/BOB 11.03 ▲ 3.57% USD/DOP 57.95 ▼ 0.09% USD/CRC 451.03 ▲ 2.18% USD/GTQ 7.62 ▲ 2.29% USD/HNL 26.74 ▲ 0.88% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.48% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.78 ▼ 0.25% BRENT 87.10 ▼ 7.41% WTI 92.64 ▲ 6.69% IRON ORE 161.91 — — COPPER 6.34 ▼ 1.77% GOLD 4,052 ▼ 2.28% SILVER 57.72 ▼ 3.83% SOY 1,243 ▲ 0.83% CORN 484.75 ▲ 4.92% WHEAT 698.50 ▼ 1.03% COFFEE 308.30 ▼ 2.64% SUGAR 14.68 ▼ 0.41% ORANGE JUICE 146.95 ▼ 2.23% COTTON 81.49 ▲ 2.03% COCOA 5,210 ▼ 2.21% BEEF 220.33 ▼ 1.29% CATTLE 337.90 ▼ 0.96% LITHIUM 68.75 ▼ 0.36% PETR4 43.33 ▲ 1.76% VALE3 76.38 ▲ 1.70% ITUB4 42.52 ▼ 0.89% BBDC4 18.79 ▼ 0.95% ABEV3 15.97 ▼ 0.99% BBAS3 20.96 ▼ 0.62% B3SA3 15.69 ▼ 1.32% WEGE3 45.20 ▼ 3.29% PRIO3 61.25 ▲ 2.48% SUZB3 42.22 ▼ 1.03% RENT3 36.77 ▼ 1.00% AZZA3 17.58 ▼ 1.29% CSAN3 3.92 — 0.00% RAIZ4 0.28 ▲ 3.70% PCAR3 2.77 ▲ 0.73% GMAT3 3.88 ▼ 0.77% PSSA3 55.37 ▼ 0.14% CVCB3 1.26 ▼ 0.79% POSI3 3.68 ▼ 0.54% SLCE3 13.99 ▲ 0.21% NATU3 8.64 ▼ 0.46% BRKM5 6.19 ▲ 1.98% RANI3 7.99 ▼ 0.13% CSNA3 5.43 ▲ 0.93% CMIN3 5.73 ▼ 1.88% USIM5 8.62 ▼ 0.35% GGBR4 24.16 ▲ 0.42% ENEV3 25.74 ▼ 0.89% CPFE3 46.55 ▼ 0.34% CMIG4 11.20 ▼ 0.09% EQTL3 38.93 ▼ 1.07% LREN3 13.39 ▼ 1.11% VIVT3 34.91 ▼ 1.33% RAIL3 13.93 ▲ 2.13% KLABIN 17.68 ▼ 1.39% RAIA DROGASIL 18.52 ▲ 1.26% RDOR3 33.88 ▼ 1.77% HAPV3 10.95 ▼ 3.86% FLRY3 16.69 ▲ 0.24% SMTO3 16.15 ▲ 0.62% UGPA3 33.12 ▲ 0.88% VBBR3 35.19 ▲ 0.60% BBSE3 42.57 ▼ 0.02% BPAC11 56.27 ▼ 1.32% CURY3 29.82 ▼ 1.26% AERI3 2.04 ▼ 0.49% VIVARA 21.45 ▼ 0.46% COMPASS 24.90 ▲ 0.36% VAMOS 3.18 ▼ 1.55% SANB11 26.80 ▼ 0.56% ASAI3 8.19 ▼ 2.50% SBSP3 28.83 ▼ 1.57% WALMEX 47.23 ▼ 2.92% GMEXICO 210.01 ▼ 2.33% FEMSA 225.50 ▼ 0.98% CEMEX 21.65 ▼ 2.35% GFNORTE 191.79 ▲ 0.09% BIMBO 60.02 ▼ 0.46% TELEVISA 9.78 ▼ 0.41% AMX 22.74 ▲ 0.22% GAP 378.04 ▲ 0.35% ASUR 270.10 ▼ 1.25% OMA 227.75 ▼ 0.42% KOF 181.58 ▼ 0.59% GRUMA 277.04 ▼ 1.22% KIMBER 38.79 ▼ 0.08% SQM-B 66,463 ▲ 2.16% COPEC 6,498 ▼ 0.79% BSANTANDER 80.27 ▲ 0.53% FALABELLA 6,045 ▲ 0.04% ENELAM 84.58 ▲ 0.06% CENCOSUD 2,000 ▼ 0.49% CMPC 1,069 ▼ 0.07% BANCO CHILE 193.97 ▲ 0.24% LATAM AIR 23.60 ▼ 2.03% YPF 83,000 ▲ 0.61% GGAL 8,055 ▼ 2.66% PAMPA 5,590 ▼ 0.62% TXAR 668.00 — 0.00% ALUAR 973.00 ▼ 0.10% TGS 10,020 ▲ 1.16% CEPU 2,399 ▼ 0.50% MIRGOR 16,625 ▼ 1.77% COME 42.68 ▼ 1.07% LOMA NEGRA 3,755 ▼ 1.44% BYMA 291.25 ▼ 1.44% TELECOM ARG 4,250 ▼ 3.85% ECOPETROL 16.80 ▲ 0.66% BANCOLOMBIA 86.01 ▲ 1.59% GRUPO AVAL 4.98 ▼ 1.19% CREDICORP 391.71 ▼ 0.50% SOUTHERN COPPER 183.59 ▼ 6.08% BUENAVENTURA 31.22 ▼ 2.71% MERCADOLIBRE 1,778 ▼ 1.19% NUBANK 14.23 ▼ 1.93% XP 17.16 ▼ 0.81% PAGSEGURO 9.42 ▼ 2.59% STONE 11.01 ▼ 3.08% GLOBANT 30.00 ▼ 2.18% TECNOGLASS 44.37 ▼ 1.88% GAP AIRPORT 216.20 ▼ 0.62% ASUR 270.10 ▼ 1.25% OMA AIRPORT 104.01 ▼ 1.27% AMX ADR 25.85 ▼ 1.03% FEMSA ADR 128.82 ▼ 1.60% CEMEX ADR 12.35 ▼ 2.95% PETROBRAS ADR 19.24 ▲ 1.85% VALE ADR 15.00 ▲ 1.01% ITAU ADR 8.36 ▼ 1.47% SANTANDER BR 5.36 ▼ 1.65% AMBEV ADR 3.11 ▼ 0.96% CSN 1.09 ▼ 0.46% GERDAU 4.76 ▼ 0.20% LATAM ADR 49.67 ▼ 3.10% BTC 64,863 ▼ 1.87% ETH 1,890 ▼ 2.24% SOL 76.21 ▼ 2.18% XRP 1.11 ▼ 3.08% BNB 565.64 ▼ 0.90% ADA 0.17 ▼ 2.70% DOGE 0.07 ▼ 4.79% AVAX 6.42 ▼ 2.98% LINK 8.46 ▼ 1.89% DOT 0.81 ▼ 2.54% LTC 46.36 ▼ 1.51% BCH 213.46 ▼ 2.96% TRX 0.33 ▼ 0.67% XLM 0.18 ▼ 2.71% HBAR 0.07 ▼ 1.50% NEAR 1.87 ▲ 0.27% ATOM 1.44 ▼ 2.08% AAVE 95.74 ▼ 1.66% SELIC 14.25% EMBRAER 83.35 ▼ 0.53% EMBRAER ADR 65.17 ▼ 1.33% JBS 12.05 ▼ 1.63% JBS BDR 61.36 ▼ 0.71% MBRF3 16.12 ▲ 0.56% MBRFY 3.14 ▼ 1.57% INTER 5.51 ▼ 3.25% EGX 53,932 ▼ 0.11% USD/ZAR 16.80 ▲ 2.38% USD/NGN 1,366 ▼ 0.27% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY 163.87 ▲ 0.48% USD/CNY 6.7646 ▲ 0.01% DAX 24,750 ▼ 1.61% CAC 8,296 ▼ 1.68% FTSE 10,636 ▼ 0.76% MIB 51,406 ▼ 2.63% IBEX 19,259 ▼ 1.59% STOXX 639.23 ▼ 1.19% EUR/USD 1.1377 ▼ 0.28% GBP/USD 1.3311 ▼ 0.49% SPX 7,383 ▼ 1.55% DJI 51,594 ▼ 1.20% NDX 28,310 ▼ 2.37% RUT 2,931 ▼ 0.99% TSX 35,103 ▼ 1.08% VIX 19.88 ▲ 19.47% USD/CAD 1.4093 ▲ 0.08% US10Y 4.7070 ▲ 1.07%
since 2009
Thursday, July 23, 2026

Latin America Colombia

Trump Accuses Petro of Drug Ties; Colombia Rejects Claim

By · October 20, 2025 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

In a weekend broadside, U.S. President Donald Trump labeled Colombia’s president, Gustavo Petro, “an illegal drug leader,” threatened to cut assistance, and floated tariffs.

Bogotá fired back, calling the charge a grave affront to sovereignty and vowing to seek international recourse. Petro, a former senator and ex-mayor who campaigned on changing drug policy, said he is neither a businessman nor a trafficker.

The facts matter here. The United States has not filed criminal charges against Petro. By contrast, Venezuela’s Nicolás Maduro was formally charged by the U.S. Justice Department in 2020 and remains the subject of a reward offer.

Colombia, meanwhile, points to record cocaine seizures under Petro’s government—historic totals in 2024 and hefty figures this year—as evidence it is targeting cartels and their finances.

The current strategy prioritizes rural development and crop substitution over aerial spraying, alongside operations against trafficking logistics and money laundering.

Trump Accuses Petro of Drug Ties; Colombia Rejects Claim. (Photo Internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

The story behind the story is a fight over what “success” looks like. Washington recently “decertified” Colombia’s drug-control performance for the first time in decades, but granted a waiver to avoid automatic aid cuts.

U.S.–Colombia Drug Policy Rift Tests Long Alliance

U.S. officials tend to judge progress by coca cultivation and potential production. Petro’s team highlights seizures, criminal finance cases, and rural programs designed to undercut growers’ dependence on illicit crops. The metrics are different—and politically charged on both sides.

Why this matters beyond Colombia: for two decades the U.S.–Colombia partnership has underpinned regional security, from intelligence sharing to joint training and interdictions at sea.

Aid cuts or tariffs would ripple through a relationship that helps constrain armed groups and traffickers who operate across borders.

It would also test the line between political rhetoric and prosecutorial action: branding an elected ally a kingpin without charges risks normalizing accusations as tools of statecraft.

What to watch next: whether Washington translates threats into policy, whether Bogotá doubles down on its development-first model, and whether both governments find a shared yardstick for progress.

The outcome will shape security cooperation, trade, and migration dynamics across the Andes and the Caribbean—and determine whether this crisis becomes rupture or reset.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.