Tariffs/Trade
China noted that beef imports from Brazil have hit 90% of their quota
StockNow breaking-news AI analysis
Brazil's beef exports to China reached 90% of their 2026 quota on August 11. Exceeding the 1.106M ton cap will trigger a 55% tariff within three days, impacting global trade flows.
News detail
Once the cap is reached, an additional 55% tariff will apply to imports exceeding the quota three days later.
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