Flavio Bolsonaro: China imposes a 55% tariff on Brazilian meat.
Flavio Bolsonaro: That, combined with the 12% tariff that already exists, amounts to a total of 67% — a massive tariff — on anything that exceeds the quota of Brazilian meat going to China.
China has decided to tax and limit beef imports as it affects Brazil.
Desconhecido: Today, the Chinese government established annual quotas for countries that sell beef.
Desconhecido: Above that threshold an additional surcharge will be applied.