Brazil seeks to beef up business ties with China

Brazil is pivoting toward China and other Asian markets as it seeks to shield its powerhouse beef export industry from the impact of higher US tariffs set to take effect in August.

The US announced earlier this month that it would impose a 50 percent tariff on Brazilian beef from Aug 1. That would bring the total tariff on Brazil's beef to 76 percent.

The move triggered immediate reactions in Brasilia and among industry leaders, with a growing consensus that diversifying exports away from the US is now a strategic imperative.