Brazil’s beef exports to China are on the rise as part of the Asian nation’s larger strategy to avoid agricultural goods from the United States amid their ongoing trade dispute.
Brazil’s beef exports to China rose 38.3 percent in September from a year earlier, reaching 187,340 tonnes, the industry group Abrafrigo said on Wednesday, helping push total monthly exports to a record high.
Global demand for beef has helped Brazil offset the impact of US tariffs on its exports, Abrafrigo said. In August, the administration of US President Donald Trump imposed a 50 percent tariff on several Brazilian goods, including beef, which already had a 26.4 percent levy.
i play a game named tropico and you have to balance trade deals with world powers in order to prevent them from invading your tiny caribbean island nation and i always do a 70-30% split to prevent the americans or the eu from invading.
it’s funny to see the chinese doing the same thing. lol