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8.1

Brazil hits China beef quota; new sales face 67% tariff

Brazil has exhausted its 1.106 million tonne beef export quota to China, triggering a tariff increase from 12% to 67% on new sales. The Brazilian government is seeking to negotiate an additional quota with China. This development could significantly impact Brazilian beef exports and global beef trade flows.

InfoMoneyabout 8 hours agoBR, CNCredibility 48%View source

Score Breakdown

Mosaic Score8.1
Model confidence0.9
Significance0.8
Source credibility0.5

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