Brazilian beef exports could fall by about 10% in 2026 compared to the previous year, due to the 55% tariff imposed by China on volumes exceeding import quotas, said the president of the Brazilian Association of Meat Exporting Industries (ABIEC)Roberto Perosa, in a statement to the press, stated that Brazilian beef production destined for the Chinese market could be interrupted around June, due to the loss of competitiveness caused by the new taxation. China, the main destination for Brazilian beef, adopted the measure as a way to protect its domestic livestock industry, which is expected to directly impact the flow of Brazilian exports throughout the year.
This text was translated by machine from Brazilian Portuguese.