Brazil and World

China x US: New import tariffs suspended

China and the United States will suspend the application of new tariffs on imports that would come into effect on Sunday, Dec 15th. Chinese Vice Minister of Commerce Wang Showen said the first phase of trade negotiations between the two countries had made great progress.
Showen reported that the US should gradually reduce the additional tariffs imposed on Chinese products and China should broaden the protection of corporate interests in its territory, while also committing itself to increasing imports of energy, agricultural products, pharmaceuticals and financial services from USA.
Even suspending the tariffs that were supposed to be effective by Sunday, the existing 25% tariffs will be maintained.
“With the milder relationship between the countries, the North American product becomes more competitive in China. Markets supplied by the US may have a reduction in the volume offered, which makes room for Brazilian non-China-enabled slaughterhouses”, explains Giordano Fiorentin, Trade Marketing Supervisor at KIT International.
Brazil and World

Pork meat has 39.16% higher export volume in June

Pork exports also continue to perform good and, according to the Ministry of Economy, in June there was an increase of 39.16% in volume shipped in Brazil, in comparison with the same month of 2019.
Brazil and World

Brazil: beef exports break record

Exports of beef from Brazil achieved a record number for the month of June.
Brazil and World

African swine fever continues to be the main influencer of the meat market

Covid-19 has been causing losses worldwide, overcoat for the meat market.
Brazil and World

Animal availability and external demand increase prices of cattle in Brazil

Prices for the beef in Brazil are under strong pressure due to the low availability of animals and the slaughterhouses that need to fill the slaughter scales to meet external demand, especially from China.