IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.58▼ 0.04% USD/MXN18.58▼ 0.14% USD/CLP982.08▼ 0.22% USD/COP3,288▼ 0.57% USD/PEN3.41▼ 0.02% USD/ARS1,544▼ 0.11% USD/UYU40.52▲ 3.32% USD/PYG6,174▲ 3.14% USD/BOB11.63▲ 1.12% USD/DOP60.48▲ 0.05% USD/CRC446.01▲ 1.66% USD/GTQ7.64▲ 3.16% USD/HNL26.90▲ 3.29% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.41% USD/TTD6.72▲ 2.22% EUR/BRL6.19▼ 0.62% BRENT 92.70 ▼ 0.06% WTI 86.31 ▼ 0.25% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.87% GOLD 3,941 ▼ 1.48% SILVER 51.06 ▼ 1.58% SOY 1,225 ▼ 0.31% CORN 446.75 ▼ 0.28% WHEAT 598.00 ▼ 0.25% COFFEE 267.45 ▼ 0.58% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.64 ▲ 5.25% COCOA 4,923 ▲ 3.82% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20% IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.58 ▼ 0.01% USD/MXN 18.58 ▼ 0.11% USD/CLP 982.08 ▼ 0.22% USD/COP 3,288 ▼ 0.57% USD/PEN 3.41 ▼ 0.02% USD/ARS 1,544 ▼ 0.03% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,174 ▲ 3.14% USD/BOB 11.63 ▲ 1.12% USD/DOP 60.48 ▲ 0.13% USD/CRC 446.01 ▲ 1.79% USD/GTQ 7.64 ▲ 3.16% USD/HNL 26.90 ▲ 3.29% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.41% USD/TTD 6.72 ▲ 2.22% EUR/BRL 6.19 ▼ 0.62% BRENT 92.70 ▼ 0.06% WTI 86.31 ▼ 0.25% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.87% GOLD 3,941 ▼ 1.48% SILVER 51.06 ▼ 1.58% SOY 1,225 ▼ 0.31% CORN 446.75 ▼ 0.28% WHEAT 598.00 ▼ 0.25% COFFEE 267.45 ▼ 0.58% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.64 ▲ 5.25% COCOA 4,923 ▲ 3.82% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20%
since 2009
Thursday, November 12, 2026

Brazil Politics - Brazil

White House wants to strengthen ties with Brazil, while speaking out on concerns

By · · 3 min read

RIO DE JANEIRO, BRAZIL – The Biden administration is closely following developments in Brazil with regard to human rights and the environment, but aims to keep strengthening U.S. economic ties and trade with the South American country, White House press secretary Jen Psaki said on Monday, February 8th.

White House press secretary Jen Psaki

RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

The administration of Democratic President Joe Biden on February 5th had announced an additional US$300,000 (R$1.5 million) in funding from the c to bolster Brazil’s emergency Covid-19 response, Psaki told a White House briefing.

“We are by far the largest investor in Brazil, including in many of Brazil’s most innovative and growth-focused companies, and will continue to strengthen our economic ties and increase our large and growing trade relationship in the months ahead,” she said.

Asked about calls by human rights groups and Democrats to halt trade talks with Brazil over concerns about human rights and the environment, Psaki said the Biden administration would not refrain from raising concerns where there were differences.

“Just as is true in many of our relationships, we look for opportunities to work together on issues where there is joint national interest, and obviously there’s a significant economic relationship, and we will not hold back on areas where we disagree, whether it’s climate or human rights, or otherwise,” she said.

The Democratic-controlled U.S. House of Representatives Ways and Means Committee last year blasted the administration of former President Donald Trump for cozying up to Brazil.

In a letter in June, Ways and Means Committee Chairman Richard Neal said President Jair Bolsonaro’s government had shown “a complete disregard for basic human rights,” and argued that expanding ties would undermine the efforts of Brazilian human, labor and environmental advocates to “advance the rule of law and protect and preserve marginalized communities.”

Nestor Forster, Brazil’s Ambassador to the United States, welcomed Psaki’s comments and said Brazil was “fully on board” to address sustainable development and climate change concerns, and looked forward to expanded trade ties.

“What we want is to keep moving, keep working with the United States,” he told a trade conference hosted by the Washington International Trade Association, adding that Brazilian investment in the United States had already increased fourfold over the past decade, generating thousands of jobs.

The Trump administration had sought to boost ties with Brazil, the largest economy in Latin America, and provide a counterweight to China, which has become Brazil’s largest trading partner.

In October, Brazil and the United States signed three agreements to ensure good business practices and stop corruption, and set a target for doubling bilateral trade in the next five years from around US$100 billion currently.

Bolsonaro last month wrote to Biden on the day he was inaugurated and said he hoped the two countries would pursue a broad free-trade agreement during Biden’s tenure.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

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