The U.S. will shield a list of allies including Europe, Australia, South Korea, Argentina and Brazil from steel and aluminum tariffs that take effect on Friday, according to U.S. Trade Representative Robert Lighthizer.
Brazilian meat packer JBS SA has signed a trade pact with Alibaba’s Win-Chain that will send approximately $1.5 billion in beef, pork and poultry to China.
China will dispatch teams to inspect 84 meatpacking plants in Brazil to evaluate them for exports to China, Brazil’s Agriculture Ministry said in a statement on Tuesday.
Brazil’s JBS SA, the world’s largest meatpacking company, said on Tuesday that rising prices for grain, the key raw material for feed, don’t show any hint of cooling off, forcing it to cut other costs.
An outbreak of classical swine fever (hog cholera) has been reported in a remote region of Brazil on Oct. 6. The Brazil agricultural ministry says the discovery will have no impact on hog health or pork exports.
More than 960 groups representing the U.S. food and agriculture value chain at the national, state and local are urging Congress to quickly ratify the U.S.-Mexico-Canada Agreement (USMCA).
President Donald Trump on Thursday announced tariffs on imported steel and aluminum but with temporary exemptions for Canada and Mexico as he seeks to revise the North American Free Trade Agreement.
JBS SA, the world’s largest meatpacking firm, remains intent on a stock market listing of subsidiary JBS Foods International BV in the United States despite corruption and food safety scandals, executives said,