Ghana news briefing
China adds 55% tariff to Brazil beef imports
By GhanaSummary Newsroom1 min read
Brazilian President Luiz Inacio Lula da Silva said last week that Uruguay had authorised Brazil to use the surplus from its beef export quota to China.
China in January said it would impose an additional 55% tariff on beef imports that exceed quota levels from key suppliers, including Brazil, in a move to protect its domestic cattle industry.
But China has not agreed to allow Brazil to use Uruguay's export quota this year or next, according to industry insiders.
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