IBOV 173,871.39 ▼ 1.22% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,249,524 ▼ 1.27% COLCAP 2,268.93 ▼ 1.01% BVL PERÚ 57,112.22 — — USD/BRL5.10▲ 0.45% USD/MXN17.45▲ 0.34% USD/CLP927.20▲ 0.13% USD/COP3,211▼ 1.51% USD/PEN3.39▲ 0.22% USD/ARS1,474▼ 0.14% USD/UYU40.18▲ 1.21% USD/PYG6,030▲ 1.35% USD/BOB10.63▲ 3.73% USD/DOP58.14▼ 0.19% USD/CRC447.87▲ 1.07% USD/GTQ7.62▲ 2.25% USD/HNL26.73▲ 0.09% USD/NIO36.62▲ 0.34% USD/VES725.63▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.31% USD/TTD6.75▲ 1.34% EUR/BRL5.84▲ 0.52% BRENT 85.16 ▲ 0.25% WTI 79.84 ▲ 0.30% IRON ORE 161.91 — — COPPER 6.36 ▲ 1.07% GOLD 4,004 ▼ 0.98% SILVER 56.33 ▼ 1.37% SOY 1,200 ▼ 0.17% CORN 466.25 ▲ 4.19% WHEAT 682.00 ▲ 0.66% COFFEE 313.65 ▼ 6.22% SUGAR 14.44 ▼ 2.76% ORANGE JUICE 136.30 ▼ 1.84% COTTON 79.83 ▼ 0.91% COCOA 5,566 ▼ 2.98% BEEF 223.68 ▼ 2.80% CATTLE 345.88 ▼ 1.16% LITHIUM 69.39 ▼ 2.35% PETR4 40.60 ▲ 0.02% VALE3 73.21 ▼ 1.74% ITUB4 42.70 ▼ 1.02% BBDC4 18.38 ▼ 1.18% ABEV3 15.57 — 0.00% BBAS3 20.63 ▲ 0.39% B3SA3 15.44 ▼ 1.59% WEGE3 43.94 ▼ 0.72% PRIO3 57.58 ▲ 0.14% SUZB3 41.74 ▲ 0.63% RENT3 39.60 ▼ 1.86% AZZA3 18.54 ▼ 0.64% CSAN3 3.89 ▼ 1.02% RAIZ4 0.30 ▲ 3.45% PCAR3 2.65 ▲ 1.15% GMAT3 3.91 ▼ 1.76% PSSA3 54.92 ▼ 0.54% CVCB3 1.35 ▲ 0.75% POSI3 3.87 ▼ 2.03% SLCE3 13.58 ▲ 0.59% NATU3 8.63 ▼ 0.46% BRKM5 6.21 ▼ 3.12% RANI3 8.02 ▲ 0.50% CSNA3 5.17 ▼ 1.34% CMIN3 5.44 ▲ 3.82% USIM5 8.23 ▲ 0.37% GGBR4 24.34 ▲ 0.58% ENEV3 26.33 ▼ 2.30% CPFE3 46.60 ▼ 0.49% CMIG4 11.00 ▼ 1.35% EQTL3 39.80 ▼ 1.31% LREN3 13.83 ▼ 1.91% VIVT3 35.33 ▼ 0.39% RAIL3 13.93 ▼ 1.00% KLABIN 17.47 ▲ 0.46% RAIA DROGASIL 18.66 ▼ 0.05% RDOR3 35.70 ▼ 0.86% HAPV3 10.89 ▼ 0.91% FLRY3 16.38 ▼ 0.79% SMTO3 15.54 ▲ 0.06% UGPA3 31.70 ▲ 1.93% VBBR3 34.38 ▲ 1.87% BBSE3 41.11 ▲ 0.98% BPAC11 56.74 ▼ 0.53% CURY3 32.15 ▼ 1.77% AERI3 2.02 — 0.00% VIVARA 23.40 ▼ 0.51% COMPASS 24.96 ▼ 0.60% VAMOS 3.15 ▲ 0.96% SANB11 26.78 ▼ 0.81% ASAI3 8.60 ▼ 0.69% SBSP3 29.62 ▼ 1.20% WALMEX 49.68 ▼ 0.04% GMEXICO 200.32 ▲ 0.05% FEMSA 225.68 ▲ 1.24% CEMEX 22.94 ▲ 1.41% GFNORTE 181.02 ▼ 1.33% BIMBO 59.00 ▲ 2.57% TELEVISA 9.55 ▼ 0.10% AMX 22.82 ▲ 0.09% GAP 395.14 ▼ 0.49% ASUR 282.25 ▼ 0.43% OMA 235.04 ▼ 0.07% KOF 179.36 ▲ 1.36% GRUMA 284.01 ▲ 0.95% KIMBER 38.72 ▲ 0.16% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,900 ▲ 0.45% GGAL 8,045 ▼ 1.95% PAMPA 5,160 ▼ 1.53% TXAR 666.00 ▼ 0.75% ALUAR 954.00 ▼ 0.57% TGS 9,610 ▼ 1.44% CEPU 2,312 ▼ 1.37% MIRGOR 16,600 ▼ 2.21% COME 45.29 ▼ 0.75% LOMA NEGRA 3,598 ▼ 0.42% BYMA 301.00 ▼ 0.99% TELECOM ARG 4,255 ▼ 1.39% ECOPETROL 15.75 ▼ 1.44% BANCOLOMBIA 80.15 ▼ 1.72% GRUPO AVAL 5.02 ▼ 0.20% CREDICORP 395.45 ▼ 0.69% SOUTHERN COPPER 179.57 ▼ 1.09% BUENAVENTURA 30.17 ▼ 1.76% MERCADOLIBRE 1,858 ▲ 0.78% NUBANK 13.88 ▼ 0.04% XP 16.65 ▼ 1.30% PAGSEGURO 9.22 ▲ 0.11% STONE 11.25 ▼ 0.31% GLOBANT 31.71 ▼ 0.84% TECNOGLASS 46.92 ▲ 2.73% GAP AIRPORT 226.67 ▼ 0.50% ASUR 282.25 ▼ 0.43% OMA AIRPORT 108.37 ▲ 0.44% AMX ADR 26.15 ▲ 0.15% FEMSA ADR 129.66 ▲ 0.69% CEMEX ADR 13.16 ▲ 0.65% PETROBRAS ADR 17.73 ▼ 0.76% VALE ADR 14.30 ▼ 2.51% ITAU ADR 8.36 ▼ 1.07% SANTANDER BR 5.27 ▼ 1.59% AMBEV ADR 3.03 — 0.00% CSN 1.03 ▼ 0.49% GERDAU 4.80 ▼ 0.10% LATAM ADR 54.30 ▼ 1.04% BTC 64,665 ▼ 0.07% ETH 1,886 ▼ 1.62% SOL 76.59 ▼ 0.87% XRP 1.11 ▲ 0.10% BNB 579.76 ▼ 0.06% ADA 0.16 ▼ 0.48% DOGE 0.07 ▼ 0.51% AVAX 6.64 ▼ 0.84% LINK 8.45 ▼ 1.03% DOT 0.85 ▲ 0.19% LTC 44.90 ▼ 0.50% BCH 223.22 ▲ 0.03% TRX 0.32 ▼ 0.39% XLM 0.19 ▲ 1.23% HBAR 0.07 ▼ 0.41% NEAR 2.07 ▲ 0.29% ATOM 1.53 ▼ 1.51% AAVE 93.94 ▼ 1.97% SELIC 14.25% EMBRAER 82.88 ▲ 0.64% EMBRAER ADR 64.95 ▲ 0.08% JBS 12.16 ▲ 0.50% JBS BDR 61.91 ▲ 0.78% MBRF3 15.24 ▼ 1.04% MBRFY 2.95 ▲ 2.79% INTER 5.49 ▼ 2.40% EGX 52,928 ▲ 0.70% USD/ZAR16.42▲ 0.58% USD/NGN1,378▼ 0.12% NIKKEI 66,836 ▼ 2.79% CSI300 4,698 ▼ 1.85% HSI 25,009 ▲ 1.33% NIFTY 24,073 ▼ 0.02% KOSPI 6,821 ▼ 6.37% JCI 6,108 ▲ 1.10% USD/JPY162.42▲ 0.15% USD/CNY6.77▲ 0.05% DAX 24,810 ▼ 0.76% CAC 8,335 ▼ 0.57% FTSE 10,506 ▼ 0.10% MIB 52,118 ▼ 0.56% IBEX 19,191 ▼ 0.44% STOXX 641.37 ▼ 0.21% EUR/USD1.14▼ 0.16% GBP/USD1.35▲ 0.75% SPX 7,570 ▼ 0.03% DJI 52,740 ▲ 0.15% NDX 29,288 ▼ 0.73% RUT 2,996 ▲ 0.66% TSX 35,329 ▼ 0.25% VIX 15.97 ▲ 1.91% USD/CAD1.40▼ 0.09% US10Y 4.5800 ▲ 0.77% IBOV 173,871.39 ▼ 1.22% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,249,524 ▼ 1.27% COLCAP 2,268.93 ▼ 1.01% BVL PERÚ 57,112.22 — — USD/BRL 5.10 ▲ 0.45% USD/MXN 17.45 ▲ 0.34% USD/CLP 927.20 ▲ 0.13% USD/COP 3,211 ▼ 1.51% USD/PEN 3.39 ▲ 0.22% USD/ARS 1,474 ▼ 0.14% USD/UYU 40.18 ▲ 1.21% USD/PYG 6,030 ▲ 1.35% USD/BOB 10.63 ▲ 3.73% USD/DOP 58.14 ▼ 0.19% USD/CRC 447.87 ▲ 1.07% USD/GTQ 7.62 ▲ 2.25% USD/HNL 26.73 ▲ 0.09% USD/NIO 36.62 ▲ 0.34% USD/VES 725.63 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.31% USD/TTD 6.75 ▲ 1.34% EUR/BRL 5.84 ▲ 0.52% BRENT 85.16 ▲ 0.25% WTI 79.84 ▲ 0.30% IRON ORE 161.91 — — COPPER 6.36 ▲ 1.07% GOLD 4,004 ▼ 0.98% SILVER 56.33 ▼ 1.37% SOY 1,200 ▼ 0.17% CORN 466.25 ▲ 4.19% WHEAT 682.00 ▲ 0.66% COFFEE 313.65 ▼ 6.22% SUGAR 14.44 ▼ 2.76% ORANGE JUICE 136.30 ▼ 1.84% COTTON 79.83 ▼ 0.91% COCOA 5,566 ▼ 2.98% BEEF 223.68 ▼ 2.80% CATTLE 345.88 ▼ 1.16% LITHIUM 69.39 ▼ 2.35% PETR4 40.60 ▲ 0.02% VALE3 73.21 ▼ 1.74% ITUB4 42.70 ▼ 1.02% BBDC4 18.38 ▼ 1.18% ABEV3 15.57 — 0.00% BBAS3 20.63 ▲ 0.39% B3SA3 15.44 ▼ 1.59% WEGE3 43.94 ▼ 0.72% PRIO3 57.58 ▲ 0.14% SUZB3 41.74 ▲ 0.63% RENT3 39.60 ▼ 1.86% AZZA3 18.54 ▼ 0.64% CSAN3 3.89 ▼ 1.02% RAIZ4 0.30 ▲ 3.45% PCAR3 2.65 ▲ 1.15% GMAT3 3.91 ▼ 1.76% PSSA3 54.92 ▼ 0.54% CVCB3 1.35 ▲ 0.75% POSI3 3.87 ▼ 2.03% SLCE3 13.58 ▲ 0.59% NATU3 8.63 ▼ 0.46% BRKM5 6.21 ▼ 3.12% RANI3 8.02 ▲ 0.50% CSNA3 5.17 ▼ 1.34% CMIN3 5.44 ▲ 3.82% USIM5 8.23 ▲ 0.37% GGBR4 24.34 ▲ 0.58% ENEV3 26.33 ▼ 2.30% CPFE3 46.60 ▼ 0.49% CMIG4 11.00 ▼ 1.35% EQTL3 39.80 ▼ 1.31% LREN3 13.83 ▼ 1.91% VIVT3 35.33 ▼ 0.39% RAIL3 13.93 ▼ 1.00% KLABIN 17.47 ▲ 0.46% RAIA DROGASIL 18.66 ▼ 0.05% RDOR3 35.70 ▼ 0.86% HAPV3 10.89 ▼ 0.91% FLRY3 16.38 ▼ 0.79% SMTO3 15.54 ▲ 0.06% UGPA3 31.70 ▲ 1.93% VBBR3 34.38 ▲ 1.87% BBSE3 41.11 ▲ 0.98% BPAC11 56.74 ▼ 0.53% CURY3 32.15 ▼ 1.77% AERI3 2.02 — 0.00% VIVARA 23.40 ▼ 0.51% COMPASS 24.96 ▼ 0.60% VAMOS 3.15 ▲ 0.96% SANB11 26.78 ▼ 0.81% ASAI3 8.60 ▼ 0.69% SBSP3 29.62 ▼ 1.20% WALMEX 49.68 ▼ 0.04% GMEXICO 200.32 ▲ 0.05% FEMSA 225.68 ▲ 1.24% CEMEX 22.94 ▲ 1.41% GFNORTE 181.02 ▼ 1.33% BIMBO 59.00 ▲ 2.57% TELEVISA 9.55 ▼ 0.10% AMX 22.82 ▲ 0.09% GAP 395.14 ▼ 0.49% ASUR 282.25 ▼ 0.43% OMA 235.04 ▼ 0.07% KOF 179.36 ▲ 1.36% GRUMA 284.01 ▲ 0.95% KIMBER 38.72 ▲ 0.16% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,900 ▲ 0.45% GGAL 8,045 ▼ 1.95% PAMPA 5,160 ▼ 1.53% TXAR 666.00 ▼ 0.75% ALUAR 954.00 ▼ 0.57% TGS 9,610 ▼ 1.44% CEPU 2,312 ▼ 1.37% MIRGOR 16,600 ▼ 2.21% COME 45.29 ▼ 0.75% LOMA NEGRA 3,598 ▼ 0.42% BYMA 301.00 ▼ 0.99% TELECOM ARG 4,255 ▼ 1.39% ECOPETROL 15.75 ▼ 1.44% BANCOLOMBIA 80.15 ▼ 1.72% GRUPO AVAL 5.02 ▼ 0.20% CREDICORP 395.45 ▼ 0.69% SOUTHERN COPPER 179.57 ▼ 1.09% BUENAVENTURA 30.17 ▼ 1.76% MERCADOLIBRE 1,858 ▲ 0.78% NUBANK 13.88 ▼ 0.04% XP 16.65 ▼ 1.30% PAGSEGURO 9.22 ▲ 0.11% STONE 11.25 ▼ 0.31% GLOBANT 31.71 ▼ 0.84% TECNOGLASS 46.92 ▲ 2.73% GAP AIRPORT 226.67 ▼ 0.50% ASUR 282.25 ▼ 0.43% OMA AIRPORT 108.37 ▲ 0.44% AMX ADR 26.15 ▲ 0.15% FEMSA ADR 129.66 ▲ 0.69% CEMEX ADR 13.16 ▲ 0.65% PETROBRAS ADR 17.73 ▼ 0.76% VALE ADR 14.30 ▼ 2.51% ITAU ADR 8.36 ▼ 1.07% SANTANDER BR 5.27 ▼ 1.59% AMBEV ADR 3.03 — 0.00% CSN 1.03 ▼ 0.49% GERDAU 4.80 ▼ 0.10% LATAM ADR 54.30 ▼ 1.04% BTC 64,665 ▼ 0.07% ETH 1,886 ▼ 1.62% SOL 76.59 ▼ 0.87% XRP 1.11 ▲ 0.10% BNB 579.76 ▼ 0.06% ADA 0.16 ▼ 0.48% DOGE 0.07 ▼ 0.51% AVAX 6.64 ▼ 0.84% LINK 8.45 ▼ 1.03% DOT 0.85 ▲ 0.19% LTC 44.90 ▼ 0.50% BCH 223.22 ▲ 0.03% TRX 0.32 ▼ 0.39% XLM 0.19 ▲ 1.23% HBAR 0.07 ▼ 0.41% NEAR 2.07 ▲ 0.29% ATOM 1.53 ▼ 1.51% AAVE 93.94 ▼ 1.97% SELIC 14.25% EMBRAER 82.88 ▲ 0.64% EMBRAER ADR 64.95 ▲ 0.08% JBS 12.16 ▲ 0.50% JBS BDR 61.91 ▲ 0.78% MBRF3 15.24 ▼ 1.04% MBRFY 2.95 ▲ 2.79% INTER 5.49 ▼ 2.40% EGX 52,928 ▲ 0.70% USD/ZAR 16.41 ▲ 0.78% USD/NGN 1,378 ▼ 0.11% NIKKEI 66,836 ▼ 2.79% CSI300 4,698 ▼ 1.85% HSI 25,009 ▲ 1.33% NIFTY 24,073 ▼ 0.02% KOSPI 6,821 ▼ 6.37% JCI 6,108 ▲ 1.10% USD/JPY 162.39 ▲ 0.16% USD/CNY 6.7610 ▲ 0.05% DAX 24,810 ▼ 0.76% CAC 8,335 ▼ 0.57% FTSE 10,506 ▼ 0.10% MIB 52,118 ▼ 0.56% IBEX 19,191 ▼ 0.44% STOXX 641.37 ▼ 0.21% EUR/USD 1.1453 ▼ 0.13% GBP/USD 1.3509 ▼ 0.21% SPX 7,570 ▼ 0.03% DJI 52,740 ▲ 0.15% NDX 29,288 ▼ 0.73% RUT 2,996 ▲ 0.66% TSX 35,329 ▼ 0.25% VIX 15.97 ▲ 1.91% USD/CAD 1.4021 ▼ 0.11% US10Y 4.5800 ▲ 0.77%
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Thursday, July 16, 2026

Latin America Argentina

Trump Authorizes Military Planning Against Latin American Cartels Labeled as Terrorists

By · August 9, 2025 · 2 min read

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The U.S. government confirmed that President Donald Trump has authorized the Pentagon to prepare direct military operations against certain Latin American drug cartels his administration has formally labeled as terrorist groups.

The move, confirmed by official sources, marks a sharp expansion of Washington’s counternarcotics approach, allowing potential action beyond U.S. borders.

In January 2025, Trump ordered the State Department to designate specific cartels as Foreign Terrorist Organizations (FTOs) and Specially Designated Global Terrorists (SDGTs).

The State Department soon listed Venezuela’s Tren de Aragua, Mara Salvatrucha (MS-13), Mexico’s Sinaloa Cartel and Jalisco Nueva Generación, along with several other Mexican groups. Officials said these groups threaten U.S. national security beyond organized crime.

In July 2025, the U.S. Treasury sanctioned Venezuela’s Cartel de los Soles as an SDGT, alleging it operates under President Nicolás Maduro and senior regime members, and cooperates with Tren de Aragua and the Sinaloa Cartel.

Trump Authorizes Military Planning Against Latin American Cartels Labeled as Terrorists
Trump Authorizes Military Planning Against Latin American Cartels Labeled as Terrorists. (Photo Internet reproduction)
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The Department of Justice doubled the reward for information leading to Maduro’s arrest to $50 million, citing drug trafficking charges.

Secretary of State and National Security Adviser Marco Rubio said the terrorist designation allows the U.S. to use military and intelligence resources against the cartels.

Pentagon planning reportedly includes possible operations in foreign waters and on foreign soil, though no operational details have been disclosed.

This marks a departure from past U.S. practice in Latin America, where the military mainly provided intelligence or maritime support under Coast Guard authority.

Direct combat operations without host nation consent would raise international law and constitutional issues, as Congress has not authorized the use of force against cartels.

U.S. Shifts Strategy

The administration links the strategy to the fentanyl crisis, arguing cartel activity directly fuels U.S. overdose deaths. Officials say stronger action could disrupt drug supply chains, though past crackdowns often shifted routes rather than ended operations.

Since early 2025, U.S. drone surveillance over Mexico has expanded to locate fentanyl laboratories. These drones operate for intelligence gathering only, with data shared with Mexican authorities. Trump also proposed joint U.S.-Mexico military operations, which Mexico rejected.

The policy signals a broader shift. Labeling cartels as terrorists changes the rules of engagement, enabling cyber operations, maritime interdictions, and potentially armed strikes without traditional law-enforcement channels.

It also challenges regional sovereignty. Mexico could face foreign forces targeting criminal groups on its soil. Venezuela faces increased pressure on its leadership, with Maduro personally targeted by the $50 million reward.

Beyond drugs, many cartels control human smuggling routes, ports, and parts of agriculture and mining. Disruption could affect trade flows, shipping security, and regional investment.

By merging counterterrorism and counternarcotics, Washington signals it now treats these groups as national security threats, reshaping security and economic dynamics across the Americas.

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