
Brazil beef-packers estimate $1 billion in losses if US tariffs apply
By Ana Mano SAO PAULO (Reuters) -Brazilian beef-packers’ lobby Abiec, which represents companies including JBS and Marfrig, on Tuesday estimated losses of $1 billion if the United States applies a 50% tariff on Brazilian exports. The U.S. is Brazil’s second biggest beef export destination after China. Roberto Perosa, head of Abiec, said Brazilian beef companies…