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The Nexus
BUSINESSJul 11 · 07:27 UTCTHE RIO TIMESRafael Silva Santos

Brazil’s Beef Tariff to China Just Hit 67%, and Plants Are Idling

Brazil filled its tariff-free beef quota to China, leading to a 67% duty on shipments. This has caused meatpacking plants to idle and workers to be sent home.

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