South China Morning Post
AsiaPac · 58 mins ago
✦ 75◉ Centre
China restores US beef trade amid Trump-Xi summit, alarming Brazilian exporters
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Credibility 75/100
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◉ Centre ✓ Fair headline
China has renewed US beef import licences following a Trump-Xi summit, prompting Brazil to express concern that the move could reduce its competitive advantage in China's beef market.
China restores US beef trade amid Trump-Xi summit, alarming Brazilian exporters
Brazil’s government expressed concern over China’s renewal of US beef import licences, warning the move could reshape competition in the country’s largest meat export market.
A senior Brazilian government official told the South China Morning Post that the renewal brought “anxiety” to the sector and could affect domestic cattle prices. China is Brazil’s largest beef market, and the quota system already reduces the country’s competitiveness, the official said.
The comments came after Bloomberg...
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