BRAZIL

Gilberto Tomazoni: Brazilian beef could escape the US tariff hike

Beef

Gilberto Tomazoni, global CEO of JBS, stated that there is still a possibility that Brazilian beef could be excluded from the new 50% tariff imposed by the U.S. According to the executive, negotiations between the two countries are ongoing and could result in an agreement that excludes the product from the measure.

Posted on Aug 07 ,00:20

Gilberto Tomazoni: Brazilian beef could escape the US tariff hike

“The negotiations are not yet over. A significant number of products were exempted from the tariff. Before the tariff is implemented, the Brazilian government must be negotiating, and beef could be included in that group. I believe we can still advance the talks and reach a good understanding”, Tomazoni said in a recent interview.

Tomazoni's analysis comes amid growing pressure from U.S. beef importers, who have warned the Trump administration about the risk of price increases. U.S. stocks are at their lowest in more than 70 years, pushing beef prices to record highs.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

Romania

Romania: Fragedo Urban Delights brings the taste and aroma of the city into your home

The products are made from balanced combinations of chicken breast and thigh, chicken sausages or...


Read more Read more
BRAZIL

Animal protein exporters project US$57 million in revenue after FHA in Singapore

According to estimates gathered from participating companies, the contacts and negotiations carri...


Read more Read more
PHILIPPINES

The Philippines reopen markets for German pork

The decision followed years of extensive negotiations by the German Federal Ministry of Food...


Read more Read more
Websolutions by Angular Software and SpiderClass