IBOV 171,721.27 ▼ 16.27% IPSA 10,471.13 ▼ 2.56% IPC MEX 69,879.62 ▼ 0.01% MERVAL 3,017,221 — — COLCAP 2,476.96 ▼ 2.49% BVL PERÚ 57,093.72 ▼ 0.69% USD/BRL5.41▲ 8.76% USD/MXN18.57▼ 0.56% USD/CLP989.89▼ 0.55% USD/COP3,165▲ 1.09% USD/PEN3.44▼ 0.31% USD/ARS1,540▲ 0.70% USD/UYU40.08▼ 0.01% USD/PYG5,735▼ 0.44% USD/BOB11.82▲ 0.34% USD/DOP60.35▼ 1.26% USD/CRC450.04▼ 0.53% USD/GTQ7.64▼ 0.07% USD/HNL26.87▲ 0.02% USD/NIO36.62— 0.00% USD/VES885.08▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 0.20% EUR/BRL6.06▲ 7.91% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 171,721.27 ▼ 16.27% IPSA 10,471.13 ▼ 2.56% IPC MEX 69,879.62 ▼ 0.01% MERVAL 3,017,221 — — COLCAP 2,476.96 ▼ 2.49% BVL PERÚ 57,093.72 ▼ 0.69% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Monday, October 26, 2026

Brazil BRICS Expansion News

Trump Calls BRICS a “Fading Group,” Says Rio Meeting Was Barely Attended

By · July 19, 2025 · 2 min read

US President Donald Trump sharply criticized this year’s BRICS summit in Rio, remarking that “hardly anyone important showed up.”

Official information confirms that, apart from India’s Prime Minister, none of the bloc’s most influential leaders—such as China’s President Xi Jinping or Russia’s President Vladimir Putin—attended in person.

Putin only joined by video, and China’s delegation missed Xi completely, sending lesser officials instead.

Brazil, the host nation, saw President Lula da Silva lead discussions, but attention centered on the absence of heads of state from the two largest BRICS economies: China and Russia.

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Other countries—Indonesia, Ethiopia, South Africa—did send their leaders, but the missing top names dominated international headlines and fueled skepticism about BRICS’s current influence.

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BRICS, now covering ten major countries, still represents more than 46% of global GDP and over half the world’s population.

Trump Derides Lula’s Rio BRICS Summit Over Poor Attendance
Trump Calls BRICS a “Fading Group,” Claims Rio Meeting Was Barely Attended Photo by Claudia Martini/Xinhua
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Trump Calls BRICS a “Fading Group,” Claims Rio Meeting Was Barely Attended

Yet the empty chairs at Rio—and the failure to move forward on concrete economic reforms—raised doubts about the group’s unity and global ambitions.

Repeating his threat, Trump said any BRICS country pushing to reduce use of the US dollar or adopting “anti-American” policies might face a 10% tariff on exports to America.

This move he justifies as protecting US interests from what he calls attempts by rivals to undermine the dollar’s role in global trade.

BRICS Summit in Rio: Few Leaders, Vague Statements, No Major Moves

BRICS officials dismissed Trump’s comments in formal statements, insisting that their growing roster makes the bloc an enduring economic force.

Analysts note, however, that without solid participation from its biggest members, BRICS risks looking fragmented.

In practical terms, this episode signals more uncertainty for global markets.

New US tariffs could make exporting harder for BRICS economies, just as doubts grow about the group’s ability to present a unified front.

📌 Read our complete guide: BRICS in 2026: Complete Guide to the 11-Nation Bloc Reshaping Global Trade

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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