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.
it’s bizarre to me that the chinese were buying so much beef and soybeans from it’s political enemy rather than buying it from it’s fellow brics member in the first place; brics is literally a trade organization.
Even before the tariffs, >70% of exported Brazillian soy was sent to China.
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
BRICS is a dictator’s club. They hate each other and don’t trust each other one wit. It’s one of Donnie Poopypants’ great “achievements” to actually bring them together.
who else within the brics coalition can be called a dictator besides xi?
Ah, how silly of me. How dare I smear great Leader Putin like that? I will refer myself to
gulagreeducation camp post haste.that’s a good one; who else?
Al-Sisi. Modi is certainly working on it.
And would you seriously claim Iran and the Emirates are democracies?
