Brazil beats Australia to the punch in delivering its own China market quota management plan
Brazil beats Australia to the punch in delivering its own China market quota management plan
BRAZIL has evidently gazumped discussions in Australia to establish a self-managed China quota management plan, designed to avoid triggering China’s recently-imposed 55 percent tariff on out-of-quota exports for the next three years.
Numerous reports suggest Brazil has advanced a plan which would see its exporters servicing the China market limit shipments to 80,000t per month for the remainder of this year, to meet the country’s 1.106 million-tonne 2026 quota limit applied by China.
That would
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