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2 results for “Uruguay”

Brazil's Bid for 80,000 Tons of Beef Exports to China Awaits Beijing's Quota Veto
PROAgro• 2h ago

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
Agro• Sep 21

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.