Brazil filled its tariff-free beef quota to China, so shipments now face a duty near sixty-seven percent. Meatpacking plants are sending workers home.
Trade
Key Facts
—The trigger. Brazil has effectively used up its tariff-free beef quota to China, its largest buyer, months into the year.
—The rate. Beyond the quota the duty is roughly 67%, a 55% safeguard surcharge stacked on the standard in-quota tariff of about 12%.
—The response. Plants tied closely to China have suspended work and placed staff on collective leave, per the exporters’ association ABIEC.
Brasil praticamente esgota cota de carne bovina à China e reduz abates, diz StoneX | G1
US imposes 25% tariff on Brazil imports from July 22: What triggered the trade dispute
US imposing 25% tariff on some Brazilian imports starting July 22, citing unfair trade practices
US unveils new 25% tariff on certain imports from Brazil
Com venda de carne para China ‘travada’, frigoríficos freiam produção ou dão férias coletivas
Frigoríficos veem cota para a China preenchida
Brazil beef exports set a first-half record near ten billion dollars, but the country has nearly used up its China quota and is…
Australia is the first big supplier to trip China's 55% over-quota beef tariff, redirecting shipments and putting Brazil's…
Brazil's beef shipments to the US tumble by 41 percent as exports to China grow by 38 percent.
A stiff increase in U.S. tariffs on Brazilian exports is expected to sharply reduce U.S. imports of beef, prompting sourcing from…
País já preencheu 98% das vendas sem taxa adicional. Frigoríficos começaram as férias coletivas em massa no Mato Grosso nos…
Over 2,000 categories of Brazilian goods are exempt from the new 25% US tariff, sparing coffee, meat and iron ore while footwear…
