The Aporia
China imposed a 55% tariff on Brazilian beef imports, rejecting Brazil's request to use Uruguay’s export quota. This move alarms the Brazilian beef industry, which already faces restrictions in the EU and higher tariffs from the US. Under this new policy, any beef imported beyond the existing quota will be subject to an even steeper 67% duty, combining the surtax with a standard 12% import duty. Exporters argue that such high rates make it unfeasible for them to continue selling beef to China, effectively shutting Brazil out of its largest market until new quotas are established or existing ones reset next year.