Reported about 15 hours ago
Analysts predict that increased U.S. tariffs on Brazilian beef will significantly modify global trade patterns, leading to heightened imports from countries like Mexico and Australia while Brazil seeks new markets. Mexico has recently surpassed the U.S. as Brazil's second-largest beef export destination, with experts suggesting that nations re-exporting Brazilian beef may increase purchases accordingly. Brazil, already the leading beef exporter, could see a rise in its exports despite tariff challenges, as global supply shifts and demand fluctuates.
Source: YAHOO