Brazilian orange juice exporters foresee losses of US$ 538 million due to United States tariff on by-products.

(Agraria.pe) The Brazilian orange juice export sector estimates losses of 2.9 billion Brazilian reals (about $538 million), despite the product being excluded from the 50 percent tariff imposed by the United States, reported the National Association of Citrus Juice Exporters (CitrusBR) today, Wednesday. Brazil, the world's leading producer and exporter of orange juice, managed to have its product among the nearly 700 excluded from the tariff applied by the Donald Trump administration. However, according to a statement from CitrusBR, the losses are due to the economic unfeasibility of exporting by-products of the citrus chain, such as inputs for the beverage and cosmetic industries, which are subject to the 50 percent tariff. During the last harvest, these by-products generated revenues of $177.8 million, the association indicated, highlighting that the United States is the main buyer of Brazilian orange juice. "Many of these products depend on ingredients such as citrus cells ...