If the United States is elected President Trump, it will impose tariffs on Chinese goods after taking office, which leads to a major trade dispute between China and the United States, and South American beef suppliers may benefit from it.
According to Bloomberg News on Wednesday (November 6), Minerva Sa, chief executive of Minerva Sa, the largest beef supplier in South America, Fernando Galletti de Queiroz and chief financial officer Disse (Edison Tick said in a call to the media that South America is a "natural" supplier in China and the United States.
Disse said: "The tension between China and the United States rising will bring geographical interests to neutral countries, which includes most Latin American countries."
In TrumpDuring the first time he served as the President of the United States, he set off a tariff war in China, affecting the export demand of American agricultural products.At that time, Brazil's strengthening of economic relations with China was now the source of China's main food imports.
The senior management of Minerva pointed out that the number of beef groups in the United States has fallen to a 70 -year low, which has shrunk its domestic beef supply, and it needs to rely on imported replenishment needs.South America has become a possible source of shipment.
Disse said: "We will continue to provide their needs to these two countries."
China and the United States are the main customers of Minea, each accounts for each of the MichiganWa's shipments in the third quarter of this year.
