IBOV 173,731.28 ▼ 0.05% IPSA 10,783.72 ▼ 1.49% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,156,991 ▼ 0.89% COLCAP 2,282.71 ▼ 0.11% BVL PERÚ 57,220.16 — — USD/BRL5.11▲ 0.22% USD/MXN17.53▲ 0.59% USD/CLP933.80▲ 0.95% USD/COP3,278▲ 1.45% USD/PEN3.39▲ 0.27% USD/ARS1,481▲ 0.34% USD/UYU40.23▲ 1.74% USD/PYG6,032▲ 1.81% USD/BOB10.65▲ 4.37% USD/DOP58.35▲ 1.56% USD/CRC446.12▲ 1.44% USD/GTQ7.62▲ 2.73% USD/HNL26.73▲ 1.94% USD/NIO36.62▲ 1.17% USD/VES730.65▲ 0.57% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.87% USD/TTD6.74▲ 1.70% EUR/BRL5.85▲ 0.25% BRENT 86.70 ▲ 2.93% WTI 80.69 ▲ 2.20% IRON ORE 161.91 — — COPPER 6.25 ▼ 0.67% GOLD 4,001 ▲ 0.38% SILVER 55.86 ▼ 0.07% SOY 1,200 ▲ 0.40% CORN 464.25 ▲ 5.15% WHEAT 677.75 ▲ 0.44% COFFEE 323.55 ▲ 0.70% SUGAR 14.87 ▲ 2.98% ORANGE JUICE 137.05 ▲ 2.43% COTTON 78.43 ▲ 0.95% COCOA 5,544 ▲ 6.29% BEEF 222.33 ▼ 2.09% CATTLE 347.00 ▲ 0.12% LITHIUM 68.03 ▼ 1.21% PETR4 40.86 ▲ 2.43% VALE3 72.87 ▼ 0.15% ITUB4 42.09 ▼ 1.08% BBDC4 18.38 ▼ 0.16% ABEV3 15.68 ▲ 0.51% BBAS3 20.62 ▼ 0.67% B3SA3 15.26 ▼ 0.84% WEGE3 43.83 ▲ 0.78% PRIO3 57.68 ▲ 1.57% SUZB3 41.98 ▲ 0.67% RENT3 38.41 ▼ 1.16% AZZA3 18.45 ▼ 0.43% CSAN3 3.87 ▼ 0.26% RAIZ4 0.28 ▼ 3.45% PCAR3 2.55 ▼ 1.54% GMAT3 3.81 ▼ 2.81% PSSA3 55.10 ▼ 0.22% CVCB3 1.29 ▼ 4.44% POSI3 3.85 ▼ 0.77% SLCE3 13.50 ▼ 0.81% NATU3 8.51 ▼ 0.58% BRKM5 6.19 ▲ 1.48% RANI3 7.96 ▼ 1.49% CSNA3 5.07 ▼ 0.59% CMIN3 5.43 ▼ 0.37% USIM5 8.06 ▲ 2.03% GGBR4 24.13 ▲ 0.92% ENEV3 25.86 ▼ 0.35% CPFE3 47.12 ▼ 0.15% CMIG4 11.24 ▲ 1.35% EQTL3 39.69 ▼ 0.40% LREN3 13.42 ▼ 1.69% VIVT3 35.71 ▲ 0.68% RAIL3 13.75 ▼ 1.29% KLABIN 17.45 ▲ 0.52% RAIA DROGASIL 18.36 ▼ 0.86% RDOR3 35.75 ▼ 0.33% HAPV3 11.29 ▲ 3.11% FLRY3 16.69 ▲ 1.64% SMTO3 15.56 ▼ 1.02% UGPA3 31.70 ▼ 0.91% VBBR3 34.32 ▼ 0.15% BBSE3 41.25 ▲ 0.17% BPAC11 56.30 ▼ 0.51% CURY3 31.05 ▼ 0.77% AERI3 2.05 ▲ 1.49% VIVARA 22.80 ▼ 2.36% COMPASS 24.84 ▼ 0.28% VAMOS 3.26 ▲ 3.16% SANB11 26.83 — 0.00% ASAI3 8.33 ▼ 2.69% SBSP3 29.30 — 0.00% WALMEX 49.98 ▲ 0.85% GMEXICO 199.85 ▲ 0.31% FEMSA 225.15 ▲ 0.04% CEMEX 22.72 ▼ 0.26% GFNORTE 179.52 ▼ 0.48% BIMBO 59.57 ▲ 2.85% TELEVISA 9.53 ▲ 0.21% AMX 23.24 ▲ 2.02% GAP 390.64 ▼ 0.29% ASUR 278.37 ▼ 0.91% OMA 232.79 ▼ 0.13% KOF 181.52 ▲ 1.43% GRUMA 286.92 ▲ 0.20% KIMBER 38.85 ▲ 0.18% SQM-B 62,850 ▼ 4.84% COPEC 6,163 ▲ 0.61% BSANTANDER 76.23 ▼ 2.47% FALABELLA 5,836 ▼ 0.29% ENELAM 84.59 ▼ 0.25% CENCOSUD 2,003 ▼ 0.10% CMPC 1,088 ▲ 1.31% BANCO CHILE 185.00 ▼ 2.05% LATAM AIR 24.68 ▼ 2.83% YPF 76,975 ▲ 1.18% GGAL 7,640 ▼ 2.86% PAMPA 5,115 ▲ 0.10% TXAR 652.50 ▼ 1.44% ALUAR 935.00 ▼ 0.53% TGS 9,315 ▼ 0.75% CEPU 2,237 ▼ 1.02% MIRGOR 16,650 ▼ 0.60% COME 43.99 ▼ 1.06% LOMA NEGRA 3,505 ▼ 1.48% BYMA 297.50 ▼ 1.33% TELECOM ARG 4,138 ▼ 1.02% ECOPETROL 15.99 ▲ 1.20% BANCOLOMBIA 78.91 ▼ 0.70% GRUPO AVAL 4.93 ▼ 0.80% CREDICORP 384.43 ▼ 0.78% SOUTHERN COPPER 173.81 ▼ 1.06% BUENAVENTURA 29.92 ▼ 0.83% MERCADOLIBRE 1,795 ▼ 3.37% NUBANK 13.57 ▼ 1.60% XP 16.55 ▼ 0.81% PAGSEGURO 8.97 ▼ 2.02% STONE 11.05 ▼ 1.38% GLOBANT 32.04 ▼ 0.50% TECNOGLASS 46.10 ▼ 1.57% GAP AIRPORT 222.90 ▼ 1.05% ASUR 278.37 ▼ 0.91% OMA AIRPORT 105.97 ▼ 1.16% AMX ADR 26.44 ▲ 1.15% FEMSA ADR 128.96 ▼ 0.41% CEMEX ADR 13.00 ▼ 0.80% PETROBRAS ADR 17.83 ▲ 2.06% VALE ADR 14.19 ▼ 0.25% ITAU ADR 8.21 ▼ 1.14% SANTANDER BR 5.26 ▼ 0.66% AMBEV ADR 3.05 ▼ 0.16% CSN 1.00 ▼ 0.03% GERDAU 4.74 ▲ 0.32% LATAM ADR 52.61 ▼ 1.07% BTC 63,114 ▼ 1.06% ETH 1,821 ▼ 2.29% SOL 74.26 ▼ 1.34% XRP 1.08 ▼ 0.44% BNB 561.03 ▼ 1.95% ADA 0.16 ▲ 1.33% DOGE 0.07 ▼ 0.67% AVAX 6.45 ▼ 0.87% LINK 8.10 ▼ 2.81% DOT 0.84 ▼ 1.49% LTC 44.50 ▼ 0.98% BCH 217.19 ▼ 2.00% TRX 0.32 ▼ 0.13% XLM 0.19 ▲ 0.13% HBAR 0.07 ▼ 0.55% NEAR 1.91 ▼ 2.83% ATOM 1.51 ▼ 0.11% AAVE 90.76 ▼ 0.41% SELIC 14.25% EMBRAER 82.69 ▲ 1.13% EMBRAER ADR 64.55 ▲ 0.28% JBS 12.05 ▲ 0.12% JBS BDR 61.55 ▲ 0.08% MBRF3 15.33 ▲ 0.26% MBRFY 2.95 ▲ 0.68% INTER 5.39 ▼ 2.80% EGX 52,928 ▲ 0.70% USD/ZAR16.51▲ 0.53% USD/NGN1,378▼ 0.20% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY162.41▲ 0.01% USD/CNY6.77▼ 0.11% DAX 24,773 ▼ 0.57% CAC 8,317 ▼ 0.72% FTSE 10,569 ▼ 0.03% MIB 51,754 ▼ 1.18% IBEX 19,176 ▼ 0.66% STOXX 639.71 ▼ 0.62% EUR/USD1.14▲ 0.01% GBP/USD1.34▼ 0.70% SPX 7,472 ▼ 0.81% DJI 52,486 ▼ 0.13% NDX 28,536 ▼ 1.69% RUT 2,970 ▼ 0.14% TSX 35,230 ▼ 0.31% VIX 18.18 ▲ 8.67% USD/CAD1.40▼ 0.22% US10Y 4.5250 ▼ 0.96% IBOV 173,731.28 ▼ 0.05% IPSA 10,783.72 ▼ 1.49% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,156,991 ▼ 0.89% COLCAP 2,282.71 ▼ 0.11% BVL PERÚ 57,220.16 — — USD/BRL 5.11 ▲ 0.22% USD/MXN 17.53 ▲ 0.59% USD/CLP 933.80 ▲ 0.95% USD/COP 3,278 ▲ 1.45% USD/PEN 3.39 ▲ 0.27% USD/ARS 1,481 ▲ 0.34% USD/UYU 40.23 ▲ 1.74% USD/PYG 6,032 ▲ 1.81% USD/BOB 10.65 ▲ 4.37% USD/DOP 58.35 ▲ 1.56% USD/CRC 446.12 ▲ 1.44% USD/GTQ 7.62 ▲ 2.73% USD/HNL 26.73 ▲ 1.94% USD/NIO 36.62 ▲ 1.17% USD/VES 730.65 ▲ 0.57% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.87% USD/TTD 6.74 ▲ 1.70% EUR/BRL 5.85 ▲ 0.25% BRENT 86.70 ▲ 2.93% WTI 80.69 ▲ 2.20% IRON ORE 161.91 — — COPPER 6.25 ▼ 0.67% GOLD 4,001 ▲ 0.38% SILVER 55.86 ▼ 0.07% SOY 1,200 ▲ 0.40% CORN 464.25 ▲ 5.15% WHEAT 677.75 ▲ 0.44% COFFEE 323.55 ▲ 0.70% SUGAR 14.87 ▲ 2.98% ORANGE JUICE 137.05 ▲ 2.43% COTTON 78.43 ▲ 0.95% COCOA 5,544 ▲ 6.29% BEEF 222.33 ▼ 2.09% CATTLE 347.00 ▲ 0.12% LITHIUM 68.03 ▼ 1.21% PETR4 40.86 ▲ 2.43% VALE3 72.87 ▼ 0.15% ITUB4 42.09 ▼ 1.08% BBDC4 18.38 ▼ 0.16% ABEV3 15.68 ▲ 0.51% BBAS3 20.62 ▼ 0.67% B3SA3 15.26 ▼ 0.84% WEGE3 43.83 ▲ 0.78% PRIO3 57.68 ▲ 1.57% SUZB3 41.98 ▲ 0.67% RENT3 38.41 ▼ 1.16% AZZA3 18.45 ▼ 0.43% CSAN3 3.87 ▼ 0.26% RAIZ4 0.28 ▼ 3.45% PCAR3 2.55 ▼ 1.54% GMAT3 3.81 ▼ 2.81% PSSA3 55.10 ▼ 0.22% CVCB3 1.29 ▼ 4.44% POSI3 3.85 ▼ 0.77% SLCE3 13.50 ▼ 0.81% NATU3 8.51 ▼ 0.58% BRKM5 6.19 ▲ 1.48% RANI3 7.96 ▼ 1.49% CSNA3 5.07 ▼ 0.59% CMIN3 5.43 ▼ 0.37% USIM5 8.06 ▲ 2.03% GGBR4 24.13 ▲ 0.92% ENEV3 25.86 ▼ 0.35% CPFE3 47.12 ▼ 0.15% CMIG4 11.24 ▲ 1.35% EQTL3 39.69 ▼ 0.40% LREN3 13.42 ▼ 1.69% VIVT3 35.71 ▲ 0.68% RAIL3 13.75 ▼ 1.29% KLABIN 17.45 ▲ 0.52% RAIA DROGASIL 18.36 ▼ 0.86% RDOR3 35.75 ▼ 0.33% HAPV3 11.29 ▲ 3.11% FLRY3 16.69 ▲ 1.64% SMTO3 15.56 ▼ 1.02% UGPA3 31.70 ▼ 0.91% VBBR3 34.32 ▼ 0.15% BBSE3 41.25 ▲ 0.17% BPAC11 56.30 ▼ 0.51% CURY3 31.05 ▼ 0.77% AERI3 2.05 ▲ 1.49% VIVARA 22.80 ▼ 2.36% COMPASS 24.84 ▼ 0.28% VAMOS 3.26 ▲ 3.16% SANB11 26.83 — 0.00% ASAI3 8.33 ▼ 2.69% SBSP3 29.30 — 0.00% WALMEX 49.98 ▲ 0.85% GMEXICO 199.85 ▲ 0.31% FEMSA 225.15 ▲ 0.04% CEMEX 22.72 ▼ 0.26% GFNORTE 179.52 ▼ 0.48% BIMBO 59.57 ▲ 2.85% TELEVISA 9.53 ▲ 0.21% AMX 23.24 ▲ 2.02% GAP 390.64 ▼ 0.29% ASUR 278.37 ▼ 0.91% OMA 232.79 ▼ 0.13% KOF 181.52 ▲ 1.43% GRUMA 286.92 ▲ 0.20% KIMBER 38.85 ▲ 0.18% SQM-B 62,850 ▼ 4.84% COPEC 6,163 ▲ 0.61% BSANTANDER 76.23 ▼ 2.47% FALABELLA 5,836 ▼ 0.29% ENELAM 84.59 ▼ 0.25% CENCOSUD 2,003 ▼ 0.10% CMPC 1,088 ▲ 1.31% BANCO CHILE 185.00 ▼ 2.05% LATAM AIR 24.68 ▼ 2.83% YPF 76,975 ▲ 1.18% GGAL 7,640 ▼ 2.86% PAMPA 5,115 ▲ 0.10% TXAR 652.50 ▼ 1.44% ALUAR 935.00 ▼ 0.53% TGS 9,315 ▼ 0.75% CEPU 2,237 ▼ 1.02% MIRGOR 16,650 ▼ 0.60% COME 43.99 ▼ 1.06% LOMA NEGRA 3,505 ▼ 1.48% BYMA 297.50 ▼ 1.33% TELECOM ARG 4,138 ▼ 1.02% ECOPETROL 15.99 ▲ 1.20% BANCOLOMBIA 78.91 ▼ 0.70% GRUPO AVAL 4.93 ▼ 0.80% CREDICORP 384.43 ▼ 0.78% SOUTHERN COPPER 173.81 ▼ 1.06% BUENAVENTURA 29.92 ▼ 0.83% MERCADOLIBRE 1,795 ▼ 3.37% NUBANK 13.57 ▼ 1.60% XP 16.55 ▼ 0.81% PAGSEGURO 8.97 ▼ 2.02% STONE 11.05 ▼ 1.38% GLOBANT 32.04 ▼ 0.50% TECNOGLASS 46.10 ▼ 1.57% GAP AIRPORT 222.90 ▼ 1.05% ASUR 278.37 ▼ 0.91% OMA AIRPORT 105.97 ▼ 1.16% AMX ADR 26.44 ▲ 1.15% FEMSA ADR 128.96 ▼ 0.41% CEMEX ADR 13.00 ▼ 0.80% PETROBRAS ADR 17.83 ▲ 2.06% VALE ADR 14.19 ▼ 0.25% ITAU ADR 8.21 ▼ 1.14% SANTANDER BR 5.26 ▼ 0.66% AMBEV ADR 3.05 ▼ 0.16% CSN 1.00 ▼ 0.03% GERDAU 4.74 ▲ 0.32% LATAM ADR 52.61 ▼ 1.07% BTC 63,114 ▼ 1.06% ETH 1,821 ▼ 2.29% SOL 74.26 ▼ 1.34% XRP 1.08 ▼ 0.44% BNB 561.03 ▼ 1.95% ADA 0.16 ▲ 1.33% DOGE 0.07 ▼ 0.67% AVAX 6.45 ▼ 0.87% LINK 8.10 ▼ 2.81% DOT 0.84 ▼ 1.49% LTC 44.50 ▼ 0.98% BCH 217.19 ▼ 2.00% TRX 0.32 ▼ 0.13% XLM 0.19 ▲ 0.13% HBAR 0.07 ▼ 0.55% NEAR 1.91 ▼ 2.83% ATOM 1.51 ▼ 0.11% AAVE 90.76 ▼ 0.41% SELIC 14.25% EMBRAER 82.69 ▲ 1.13% EMBRAER ADR 64.55 ▲ 0.28% JBS 12.05 ▲ 0.12% JBS BDR 61.55 ▲ 0.08% MBRF3 15.33 ▲ 0.26% MBRFY 2.95 ▲ 0.68% INTER 5.39 ▼ 2.80% EGX 52,928 ▲ 0.70% USD/ZAR 16.52 ▲ 0.84% USD/NGN 1,378 ▲ 0.02% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY 162.42 ▲ 0.05% USD/CNY 6.7659 ▲ 0.04% DAX 24,773 ▼ 0.57% CAC 8,317 ▼ 0.72% FTSE 10,569 ▼ 0.03% MIB 51,754 ▼ 1.18% IBEX 19,176 ▼ 0.66% STOXX 639.71 ▼ 0.62% EUR/USD 1.1443 ▼ 0.01% GBP/USD 1.3446 ▼ 0.25% SPX 7,472 ▼ 0.81% DJI 52,486 ▼ 0.13% NDX 28,536 ▼ 1.69% RUT 2,970 ▼ 0.14% TSX 35,230 ▼ 0.31% VIX 18.18 ▲ 8.67% USD/CAD 1.4014 ▼ 0.18% US10Y 4.5250 ▼ 0.96%
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Friday, July 17, 2026

Latin America Mexico

Water Dispute Deepens Between Mexico and Texas Over Treaty Obligations

By · April 11, 2025 · 2 min read

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A growing dispute between Mexico and the United States over the 1944 Water Treaty has escalated, with U.S. President Donald Trump threatening tariffs and sanctions unless Mexico fulfills its water delivery obligations.

The treaty requires Mexico to send 1.75 million acre-feet (2.158 billion cubic meters) of Rio Grande water to the U.S. every five years, but with six months left in the current cycle, Mexico has delivered less than 30% of its commitment.

Trump claims Mexico owes Texas 1.3 million acre-feet of water, accusing it of “stealing from Texas farmers.” He has linked the shortfall to economic harm, including the closure of Texas’s only sugar mill.

Trump vowed to escalate consequences, including tariffs, until Mexico complies. Meanwhile, Mexican President Claudia Sheinbaum attributes the delays to a three-year drought worsened by climate change, stating that Mexico has delivered water “to the extent available.”

The disagreement highlights broader challenges in managing shared resources amid environmental pressures. Drought has devastated northern Mexico, where local agriculture and industry also depend on limited water supplies.

Water Dispute Deepens Between Mexico and Texas Over Treaty Obligations
Water Dispute Deepens Between Mexico and Texas Over Treaty Obligations. (Photo Internet reproduction)
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Critics argue the treaty is outdated, failing to account for modern realities like climate change and increased demand. Mexico narrowly met its obligations in the previous cycle but appears unlikely to do so this time.

Officials have proposed short-term measures to boost deliveries but warn that “water that does not exist” cannot be provided. The U.S., however, has already denied a Mexican request for additional Colorado River water.

With U.S.-Mexico relations strained over trade and migration issues, this dispute risks further tension. Both nations face mounting pressure to renegotiate or modernize the treaty to reflect current environmental and economic realities while avoiding a full-blown trade conflict.

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