End of tariffs expands advantage of Brazilian meat

The withdrawal of tariffs on Brazilian agricultural products reignites the debate over competitiveness in the meat trade between the two largest global markets. According to DATAGRO, the United States' announcement of the end of the additional charge applied since August directly modifies the export environment for beef protein. The consultancy reports that the decision eliminates the 40% tariff that still applied to Brazilian items even after the end of the 10% reciprocal fees previously announced by U.S. authorities. With the change, effective from November 13, Brazil regains a competitive position in supplying beef to the U.S., surpassing competitors even with the tariff for exceeding TRQ quotas. In practice, the cuts sent to the foreign market regain an advantage of about 14% to 18% compared to the prices practiced in the U.S. wholesale market. DATAGRO highlights that the effect is even more evident in beef trimmings, low-fat scraps that represent a significant portion of U.S. ...