Brazil beef exports may gain, but local market braces for blowback - Cepea
Trump tariffs continue to rattle global markets
24 April 2025
1 minute read
By: Trump-era tariffs are rattling global markets, prompting countries to revise economic forecasts amid early signs of a slowdown. Sharp losses on stock exchanges worldwide point to growing uncertainty.
In Brazil, the high dollar is bolstering export competitiveness, and US tariffs are indirectly boosting international demand for Brazilian agriculture and livestock products—particularly beef, according to a recent market report from Cepea. Despite economic strain in key importing countries, market watchers expect beef exports to hold steady.
But the fallout may hit closer to home. New 10% tariffs on Brazilian exports to the US—stacked on top of an existing 26%—could chill investment, dampen consumer spending and increase unemployment. At the same time, a stronger dollar is pushing up livestock production costs.
While China remains a bright spot, with steady purchases and recent price adjustments for Brazilian beef, domestic challenges could weigh heavily on the sector in the months ahead.
