Tariff effects
Brazilian beef helps to keep Mexican inflation under control, according to the Secretary of Commerce of the Ministry of Agriculture of Brazil, Luis Rua
The increase in United States Tariffs To Brazil will modify world commercial flows of beefcausing an increase in shipments to the largest economy in the world of countries such as Mexico and Australia, while the South American country seeks alternative markets, analysts said.
Brazil It is the largest world exporter of beefChina being its main commercial partner. In August, Mexico beat the United States to become its second largest export destination of this product.
“It is very likely that countries that can triangulate the Brazilian meat increase your purchases following the example of Mexico, ”he said in an interview Mauricio Nogueiradirector of the Athenagro livestock consultant.
“If Mexico begins to send beef to the United States, you will have to buy someone, you will have to buy from here,” Argentina would be another candidate to import and eventually re -export the beef of Brazil To the United States, he added.
Nogueira did not change its end of the year projection for Meat exports nothing of Brazil After Donald Trump’s 50 percent tariffs on the country’s products entered into force on August 6. Your consultant projects a 7.5 percent increase this year in Brazilian beef exportsto 3.08 million metric tons. Until July, these exports increased more than 13 percent.
Luis RuaSecretary of Commerce of the Brazilian Ministry of Agriculture, said that beef helps to keep Mexican inflation under control. It is not clear if Mexico will re -express supplies from Brazil.
“We send it to Mexico, but We do not know exactly what Mexico will do with meat “said a Reuters.
He Economist Thiago de Carvalho confirmed the expectations of a Change in World Vacua Meat Flowswith Brazil, potentially selling to markets previously served by Australian exporters, for example.
Factors such as the shortage of world beef supply, which he faces USA After his livestock cabin reached historical minimums, they could also direct the lawsuit to Brazil, added Carvalho.
Japanthat traditionally buys meat from the United States, It could open soon to Brazilian productssaid.
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