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Brazil’s September trade surplus rose on strong exports to China, but U.S. tariffs hurt exports, prompting President Lula to call for their removal.
Brazil's September trade surplus surpassed expectations, fueled by strong soybean and beef exports to China, up 14.7% year-on-year, while exports to the U.S. fell 20.3% to $2.6 billion amid 50% tariffs imposed by the U.S. in August, linked to political tensions following former President Jair Bolsonaro’s coup-related prison sentence.
Brazilian President Lula urged the U.S. to lift tariffs and remove sanctions.
Concerns grew over Brazil’s proposed privatization of meat inspections, with unions warning of a potential global credibility crisis.
Meanwhile, the USDA raised its 2025–2026 milk and chicken production forecasts, signaling downward pressure on prices.
El superávit comercial de Brasil en septiembre aumentó debido a las fuertes exportaciones a China, pero los aranceles estadounidenses perjudicaron las exportaciones, lo que llevó al presidente Lula a pedir su eliminación.