Brazilian beef exporters could face a $1 billion hit to sales in the second half of 2025 if US President Donald Trump moves forward Friday with a plan to impose 50% tariffs on the country’s exports, according to industry group Abiec, which represents companies including JBS NV.
The proposed levies would severely restrict the world’s largest beef supplier from shipping to the US, with no alternative markets ready to absorb the displaced volumes, Abiec head Roberto Perosa said in an interview with Exame. Brazil had initially been expected to more than double exports to the US to about 400,000 metric tons this year, he said.