Search
6 results for “55% tariff”
Brazil's Bid for 80,000 Tons of Beef Exports to China Awaits Beijing's Quota Veto
President Lula announced Uruguay's authorization for Brazil to use a surplus beef quota to China, a move that must be approved by Beijing to bypass a crippling 55% surtax.
Lula Secures Extra China Beef Quota for Brazil via Uruguay, Bypassing 55% Tariff
President Luiz Inácio Lula da Silva announced that Uruguay ceded a portion of its unused beef export quota to China, offering a temporary lifeline to Brazilian meatpackers facing a steep 55% safeguard tariff.
China Beef Quota Near Limit, Threatening 55% Tariff on Brazil Meat Exports
China's Ministry of Commerce says Brazilian beef imports have reached 80% of the quota, triggering a 55% tariff risk for major meatpackers.
Brazil Beef Surcharge Hits as China Low-Tariff Quota Fills
Brazil fully exhausted its 1.1 million-ton low-tariff beef quota to China by early July 2026, triggering a steep 55% tariff surcharge on additional volumes.
Brazil Beef Quota Hit: China Surcharge Triggers Market Shift
Brazil exhausts its 1.106 million-ton duty-free beef quota to China, triggering a 55% tariff surcharge that squeezes meatpackers and diverts supply.
Brazil Beef Export Rush to China Drives Up Domestic Prices
Brazilian meatpackers front-loaded beef exports to China to beat a 55% tariff threshold, sparking a domestic supply deficit and boosting processor margins.