China withdraws anti-dumping measure on Brazilian chicken imports

Published Feb 27, 2024

Tridge summary

The Chinese government has removed a surcharge of between 17.8% and 34.2% on Brazilian chicken imports, a protectionist measure in place since 2019. The move, effective from February 17, is expected to make Brazilian chicken exports more competitive in the Chinese market and create new opportunities for Brazilian producers. Brazil is the world's largest exporter of chicken meat, while China is the second largest consumer.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rio de Janeiro, Feb 27 (EFE).- The Government of China lifted the protectionist measure that it had imposed since 2019 on imports of Brazilian chicken, official Brazilian sources reported this Tuesday. The rule included a surcharge of between 17.8% and 34.2% on the prices of chicken meat and its derived products exported by Brazil. According to a joint statement from the Brazilian ministries of Foreign Affairs and Industry and Commerce, the measure has ceased to be effective since February 17 and "will not be renewed," according to the Chinese government's announcement. In addition to the surcharge, 14 Brazilian companies had signed 'price commitments' with the Chinese government, forcing themselves to charge prices higher than a pre-established minimum level, a restriction that, according to the Brazilian government, harmed the competitiveness of their products in the Chinese market. Asian country. "The end of the antidumping measure makes Brazilian chicken exports more ...

Source: Elperiodicodemexico