Posted on 07/29/2025 6:39:47 PM PDT by E. Pluribus Unum
SAO PAULO, July 29 (Reuters) - Brazilian beef-packers' lobby Abiec, which represents companies including JBS and Marfrig (MRFG3.SA), opens new tab, on Tuesday estimated losses of $1 billion if the United States applies a 50% tariff on Brazilian exports
The U.S. is Brazil's second biggest beef export destination after China.
Roberto Perosa, head of Abiec, said Brazilian beef companies had expected to sell some 400,000 tons by yearend to the U.S., but imposition of a 50% tariff would make sales "inviable." No market can immediately replace the U.S. based on the sheer volume demanded by the importers and the price they are in a position to pay, he said.
Brazilian beef-packers exported around 181,000 metric tons of beef worth $1 billion to the U.S. in the first half of this year, according to trade data, equivalent to around 12% of the country's total beef exports.
The trade represented a nearly 113% increase by volume and a 102% increase by revenue on an annual basis, reflecting strong demand for the Brazilian product, which is mainly processed to make hamburgers for the United States.
Speaking at a live event, Perosa said sector representatives are having talks with lawmakers in the U.S. hoping they can help avert enforcement of the new tariffs from August 1.
He said a lack of Brazilian exports would spur domestic beef inflation in the U.S., which has been grappling with scarce cattle supplies and has been increasingly relying on beef imports.
(Excerpt) Read more at reuters.com ...
Redo the Election.
Make It Fair this time.
But wait, I thought American’s pay the tariff not the exporting nation. LOL.
I’ll admit I was wrong on how tariffs work in practice. It really depends on a lot of factors and clearly Trump is better at this than me (and nearly all the economomists)
Peanuts
And the problem is?
JBS has plants here in the US. I suspect this is much like the problem with Tyson chicken/pork. Process it here, keep the money here, make the market competitive for local producers. We also become more food stable as a nation making the engineered famines more difficult.
WHY are we importing beef?
It is like what happened with eggs. If beef prices go up, beef production in the U.S. will increase. Prices then go down until there is a new equilibrium.
Private Cowboy: I think what she’s trying to say is that you black boys pack too much meat. ...
easy fix for Brazil: quit screwing around and do a bilateral trade deal with the USA ...
Texas and Oklahoma cattle ranchers should have a good year. There is no reason to import beef from anywhere. Cows grow jut fine in the US.
Sounds like it isn’t our problem.
Tough shit Brazil, when have you ever done anything for us?
LULu being the little socialist he is. Is kinda screee here as he needs beef revenue to pay for his government goodies. He will break like a plastic straw soon enough
They said that they don’t want to trade in American dollars. They are getting their wish. Enjoy your BRICS Brazil
I will be happy to tighten my belt while American ranchers get back up to speed.
I've been under the impression the last decade or so that droughts out west have diminished the number and size of cattle herds.
Beautiful and bountiful reshaping of Brazilian politics and brics.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.