Which countries emerge victorious from the trade war? The US-China conflict creates opportunities for Latin American markets
Rising tensions between the US and China, which are respectively the world's largest supplier and consumer of agricultural products, have created an opportunity for Latin American countries to increase exports of products such as meat and grains.
The next opportunity to benefit is meat. Tariffs imposed by US President Donald Trump on eight of the top ten buyers of US beef have already reshaped trade flows, boosting Brazilian beef exports to markets such as Algeria and Turkey.
Japan, the second-largest customer of American beef, is now in advanced negotiations to begin importing cheaper meat from Brazil.
Furthermore, any economic slowdown caused by the trade war will push other international beef buyers to turn to lower-cost suppliers, particularly in Brazil, according to market analyst Datagro.
Brazil and Argentina benefit from trade war
So far, China's move away from American products appears to be a key factor boosting Brazilian and Argentine exports.
In April, the Asian superpower ordered large quantities of soybeans from Brazil, giving the country a significant advantage in agricultural competition with the US, while it recently reached an agreement to resume poultry exports from Argentina.
Increasing exports to Europe is also an opportunity, as negotiations for a trade agreement between Mercosur, the Latin American trade union, and the European Union are gaining momentum.
Argentine sorghum producers could also benefit from higher prices, as there are few alternative suppliers of the grain used as animal feed. China is the world's largest buyer and the United States is the main supplier.
If trade restrictions continue into the fall, when the U.S. begins harvesting soybeans and corn, Latin American grain producers will have another opportunity to provide alternative supplies.
However, price volatility in agricultural markets remains a risk for all exporters. While soybean prices in Brazil and Argentina initially rose after the tariff announcements, a global recession is likely to reduce demand and lower futures contract prices.
According to experts, "an economy that imports beef is more likely to consume cheap meat than expensive meat."
How favorable are interest rates? - BoA: In February, with a decrease in deposits in lek. Those in euro increased to 1.22%
After a significant increase at the beginning of the year, interest rates on deposits were not very favorable in February. According to the monthly report of......
"Everyone in line for an agreement with the EU" - Von der Leyen stresses Europe's stability amid global tensions
Countries are ready to work with reliable trading partners in Europe after U.S. President Donald Trump's sweeping trade tariffs rocked global markets,......
Earth Day, focus on renewable energy - Musaj: More efforts needed to guarantee a healthy environment
With the theme "It's our power, it's our planet," Earth Day 2025 focuses on renewable energy and the gradual replacement of fuels, as actions that would help......
Over 1600 jobs are advertised in one month - From manual workers to engineers. What does the market want?
The labor market in Albania continues to face a stark contrast, with unemployment on one side and hundreds of job vacancies on the other. In the last month......
Lushnja does not "accept" ATMs! - BoS: Not only were they not added in 2024, but they were damaged. In the capital, 586 ATMs
Almost every region of Albania has seen the installation of new ATMs over the past year. The capital, Tirana, leads with the largest number of ATMs, but also......
More entities are opening and fewer are closing - In the first three months, 3966 new businesses were registered in the capital
The year 2025 has started positively in terms of new entities in the capital. Referring to data from Open Data Tirana, in the first quarter of this year a......
"We will strengthen food safety" Berisha: The Agency will have all executive powers and modern laboratories
During a meeting to discuss food security in the country, the leader of the Democratic Party, Sali Berisha, spoke out for a deep reform of this sector.......
IMF-WB, tariffs in focus - Talks on trade measures will dominate meetings between the parties
Hundreds of global finance leaders will gather in Washington this week, each with a single mission and one question in mind: Who can I talk to about striking......
