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02:57
Brazil: US tariff on Brazilian beef to backfire: Brazilian industry insider
A Brazilian livestock industry insider believes that the United States will suffer greater loss than Brazil by imposing high tariffs on imported Brazilian beef, as U.S. consumers will also face a significant increase in the prices of beef-related products. According to the U.S. policy, tariffs on over 2,000 kinds of Brazilian products exported to the United States, including beef, coffee and solid wood furniture, have been raised to 50 percent. The United States is the second largest export market for Brazilian beef, accounting for about 12 percent of Brazil's total beef exports. Mauricio Velloso, president of the Brazilian National Confined Livestock Association, said that the tariffs have led thousands of U.S. companies to suspend the import of Brazilian beef, which will also have a significant impact on U.S. consumers. "Because U.S.'s local beef produces a large amount of fat during processing, while Brazilian beef is relatively leaner, this makes it very suitable for mixing with fat beef to achieve the fat/lean meat ratio required for making meatballs and hamburgers. Therefore, Brazilian beef is of great significance to both the U.S. economy and people's daily dietary structure. In the future, if the U.S. wants to meet the demands of its domestic market, it will have to pay a higher cost. Not only will prices rise, but it will also cause difficulties in the supply chain," said Velloso. Velloso said the negative impact of the U.S. tariff policy on the United States itself will be far greater than that on Brazil. "Losing a client doesn't mean you have truly lost the market, because the beef that was originally intended for export to the U.S. will export to other countries that are interested in Brazilian beef. First of all, it is because its high quality and it is fully guaranteed in terms of health quarantine. Second, it is very delicious. Brazilian beef is mainly grass-fed and has a unique and wonderful flavor. Third, the beef exported from Brazil is on average 21 percent cheaper than that from other exporting countries. So, once trade is disrupted, in fact, the losses suffered by the U.S. will be greater than those of Brazil," he said. SHOTLIST: FILE: Brasilia, Brazil - April 3, 2024 1. Presidential Palace of Brazil; FILE: Brasilia, Brazil - Date Unknown 2. Presidential Palace; 3. National flag of Brazil; FILE: Brazil - Date Unknown 4. Brazilian national flag, traffic; Sao Paulo, Brazil - Aug 6, 2025 5. SOUNDBITE (Portuguese) Mauricio Velloso, president, Brazilian National Confined Livestock Association (starting with shot 4/partially overlaid with shots 6-7/ending with shot 8): "Because U.S.'s local beef produces a large amount of fat during processing, while Brazilian beef is relatively leaner, this makes it very suitable for mixing with fat beef to achieve the fat/lean meat ratio required for making meatballs and hamburgers. Therefore, Brazilian beef is of great significance to both the U.S. economy and people's daily dietary structure. In the future, if the U.S. wants to meet the demands of its domestic market, it will have to pay a higher cost. Not only will prices rise, but it will also cause difficulties in the supply chain."; [SHOTS OVERLAYING SOUNDBITE] FILE: Sao Paulo, Brazil - 2025 6. Various of workers packing beef, placing China-bound export label on box; FILE: Brazil - 2021 7. Various of workers at meat processing factory; [SHOTS OVERLAYING SOUNDBITE] FILE: Washington D.C., USA - Oct 2024 8. Various of White House; 9. Various of Capitol Hill, U.S. national flag; Sao Paulo, Brazil - Aug 6, 2025 10. SOUNDBITE (Portuguese) Mauricio Velloso, president, Brazilian National Confined Livestock Association (partially overlaid with shots 11-12): "Losing a client doesn't mean you have truly lost the market, because the beef that was originally intended for export to the U.S. will export to other countries that are interested in Brazilian beef. First of all, it is because its high quality and it is fully guaranteed in terms of health quarantine. Second, it is very delicious. Brazilian beef is mainly grass-fed and has a unique and wonderful flavor. Third, the beef exported from Brazil is on average 21 percent cheaper than that from other exporting countries. So, once trade is disrupted, in fact, the losses suffered by the U.S. will be greater than those of Brazil."; [SHOTS OVERLAYING SOUNDBITE] FILE: Sao Paulo, Brazil - 2025 11. Various of workers hanging, slicing beef at supermarket; 12. Various of cattle; [SHOTS OVERLAYING SOUNDBITE] FILE: Sao Paulo, Brazil - 2025 13. Various of port facilities, containers, cargo ship; FILE: New York City, USA - Oct 2024 14. Various of port scene, Statue of Liberty. [Restrictions: No access Chinese mainland]
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