China restores US beef trade amid Trump-Xi summit, alarming Brazilian exporters

Kiswahili

Beijing renewed import licences for hundreds of US beef plants during US President Donald Trump’s visit to meet Chinese leader Xi Jinping. Brazil nears its annual beef export quota to China and is seeking alternative markets.

Bloomberg News reported the renewal on Thursday. The licences were restored during Trump’s visit to Beijing for talks with Xi Jinping.

China announced in December that beef imports above country-specific ceilings in 2026 would face a 55 per cent tariff, up from the standard 12 per cent rate.

The change benefits US suppliers while pressuring Brazilian producers close to their quota limits. Brasilia is exploring markets such as Vietnam and South Korea to offset potential losses.

Makala yanayohusiana

Donald Trump and Xi Jinping at a Beijing summit discussing trade deals involving Boeing and soybeans, with references to Taiwan and Iran
Picha iliyoundwa na AI

Trump touts Boeing, farm-export pledges after Beijing summit with Xi as Taiwan and Iran loom

Imeripotiwa na AI Picha iliyoundwa na AI Imethibitishwa ukweli

President Donald Trump returned from a mid-May trip to Beijing for talks with Chinese leader Xi Jinping, portraying the visit as a success and pointing to what he described as new trade commitments involving Boeing aircraft and large purchases of U.S. agricultural goods, including soybeans. The discussions unfolded against the backdrop of the war with Iran and renewed scrutiny of U.S. policy toward Taiwan, as Trump weighed whether to proceed with a major arms package for the island.

Brazil nears China beef export quota fill by May as prices hit record high

As Beijing's tariff approaches, Brazil's exporters are rapidly filling their quota for beef to China, prompting South American industry to seek new buyers. The benchmark price for finished cattle tracked by the University of Sao Paulo's Centre for Advanced Studies on Applied Economics hit R$365 (US$71.57) per arroba (11.5-15kg) on Wednesday, up 12.5 per cent over the past 12 months amid a rush to ship before the quota closes. Daily average shipments reached 10,630 tonnes, 8.6 per cent above March 2025 and 40.7 per cent above the same period in 2024.

China suspends three Brazilian beef plants over banned residue

Imeripotiwa na AI

China has temporarily suspended imports from three Brazilian slaughterhouses after detecting residues of a banned synthetic hormone.

Politics

China confirms Donald Trump state visit to Beijing from May 13 to 15

Politics

Beijing urged Trump to curb Taiwan arms sales during May visit

Asia

China and Cuba hold agriculture talks amid US pressure

Xi Jinping and Trump summit in Beijing overshadowed by Iran conflict

The anticipated meeting between the US and Chinese presidents will take place from May 13 to 15 in Beijing, though the encounter is marked by tensions surrounding the war between Iran and Washington.

China expected to focus on high-value agri exports

Imeripotiwa na AI

China is expected to shift its agricultural trade toward higher-value exports and more diversified markets during the 2026-30 period, according to a new industry report.

Jumanne, 16. Mwezi wa sita 2026, 00:35:21

Lula agrees channel with EU to discuss beef export ban

Jumanne, 2. Mwezi wa sita 2026, 01:44:02

US proposes 25% tariff on some Brazilian exports

Jumatano, 20. Mwezi wa tano 2026, 07:36:02

Xi and Trump discuss strategic stability at Beijing summit

Jumamosi, 16. Mwezi wa tano 2026, 14:52:49

Trump and xi hold beijing summit on trade and security

Alhamisi, 14. Mwezi wa tano 2026, 23:44:56

Trump and Xi meet in Beijing to address trade and global tensions

Jumanne, 12. Mwezi wa tano 2026, 04:02:17

Brazil may lose nearly US$ 2 billion in meat exports to the EU

Tovuti hii inatumia vidakuzi

Tunatumia vidakuzi kwa uchambuzi ili kuboresha tovuti yetu. Soma sera ya faragha yetu kwa maelezo zaidi.
Kataa