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Analysis-Trump's 50% Brazil Coffee Tariff Expected to Rejig Trade, Send More Beans to China
A 50% tariff on some Brazilian products, including coffee, will begin on August 6, the administration of U.S. President Donald Trump said on Wednesday. The move will challenge commodities traders and Brazilian coffee exporters to find buyers for the roughly 8 million bags sold to U.S. coffee processors every year.
Brazil has not signed a formal 20-year trade pact with China, the Brazilian Presidency’s Communications Secretariat told ...
Switzerland is pursuing trade talks with the U.S., while China is widening access to its market for Brazilian exports.
Brazil exported $1.9 billion in coffee to the US last year, and the tariff could lead to a loss of $400 million to $800 million. Brazil also sold $1.35 billion worth of meat to the US and could lose ...
Senator Lindsey Graham (R-S.C.) issued a stark warning to China, India, and Brazil, indicating that they could face severe economic consequences for continuing to purchase Russian oil.
U.S.-listed shares of AB InBev sank 12% Thursday as the world's biggest beermaker's volume and sales missed estimates on soft ...
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Brazil to establish tax advisory office in China amid deepening tiesBRASILIA - Brazil will establish a tax advisory office in China, the Brazilian Finance Ministry said, highlighting the strategic importance of the move as the two nations deepen their ties. Read more ...
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AB InBev shares slide amid sales struggles in Brazil, ChinaReflecting on China with analysts, the AB InBev CEO said the industry was seeing a "slowdown" but that was not anything "new" ...
From the beaches of Copacabana in Brazil to the neon bars of Shanghai, the world's largest brewer AB InBev needs to convince ...
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