WNA Globe

World News by Wild Rose

#beef trade ร—

China restores US beef trade amid Trump-Xi summit, alarming Brazilian exporters

Brazilโ€™s government expressed concern over Chinaโ€™s renewal of US beef import licences, warning the move could reshape competition in the countryโ€™s largest meat export market. A senior Brazilian government official told the South China Morning Post that the renewal brought โ€œanxietyโ€ to the sector and could affect domestic cattle prices. China is Brazilโ€™s largest beef market, and the quota system already reduces the countryโ€™s competitiveness, the official said. The comments came after Bloomberg...