China steps to buy Brazil’s coffee after US tariffs hit exports

by HAOYU ZHANG
BEIJING – CHINA has approved 183 Brazilian companies to export coffee to its market, offering a vital lifeline to Brazil following sweeping US tariffs on its key exports.

The decision, announced by the Chinese embassy in Brazil, comes after Washington imposed a 50% tariff on Brazilian coffee and meat, which took effect in late July.

 These sectors form a major part of Brazil’s export economy.

Brazil’s Ministry of Industry and Foreign Trade estimates that the tariffs could impact 35.9% of exports to the US, potentially costing the country \$14.5 billion annually. In the 2024/2025 crop year alone, Brazil exported 7.5 million coffee bags to the US, generating \$1.9 billion.

As US-Brazil trade tensions escalate, China is emerging as an alternative market. Its coffee consumption rose 15% last season, and branded coffee shops have jumped 58% to nearly 50,000 outlets.

The new export approvals are valid for five years and highlight China’s growing interest in becoming a key player in global coffee trade, potentially replacing the US as Brazil’s top coffee customer.

The move also signals deepening trade ties between China and Brazil amid broader geopolitical shifts and BRICS solidarity against Western trade restrictions.

Hot this week

Tecno’s Pova 7 series debuts in South Africa

by AKANI CHAUKEJOHANNESBURG - TECNO is unveiling the Spark...

China overtakes US as pop economy

by SAVIOUS KWINIKA JOHANNESBURG – A growing chorus of...

China, Russia pledge deeper parliamentary ties

by HAOYU ZHANG BEIJING – CHINA and Russia have...

Africa praise for Boko’s bold healthcare investment

by ODIRILE TOTENG GABORONE – BOTSWANA'S President Duma Boko...

Congolese diaspora condemns Kenya’s Goma nomination

by JEAN KASSONGO KINSHASA - THE Forum of Congolese...

Topics

Tecno’s Pova 7 series debuts in South Africa

by AKANI CHAUKEJOHANNESBURG - TECNO is unveiling the Spark...

China overtakes US as pop economy

by SAVIOUS KWINIKA JOHANNESBURG – A growing chorus of...

China, Russia pledge deeper parliamentary ties

by HAOYU ZHANG BEIJING – CHINA and Russia have...

Africa praise for Boko’s bold healthcare investment

by ODIRILE TOTENG GABORONE – BOTSWANA'S President Duma Boko...

Congolese diaspora condemns Kenya’s Goma nomination

by JEAN KASSONGO KINSHASA - THE Forum of Congolese...

Comoros’ interoperable payment switch goes live

by MTHULISI SIBANDAJOHANNESBURG - THE global provider of payment...

China expands global trade as US grip weakens

by HAOYU ZHANG / SAVIOUS KWINIKABEIJING – CHINA has...

Westcon-Comstor, Microsoft speed partner transformation

by AKANI CHAUKEJOHANNESBURG - WESTCON-Comstor and Microsoft are uniting...
spot_img

Related Articles

Popular Categories

spot_img