BUSINESS MAVERICK: Right of Reply: Brazilian dumpers doth protest too much

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 84%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

BUSINESS MAVERICK: Right of Reply: Brazilian dumpers doth protest too much By Izaak Breitenbach

The SA Poultry Association has noted claims by CEO of the Brazilian Animal Protein Association Ricardo Santin that “Brazilian poultry producers are not dumping chicken”.

Santin states categorically that a WTO panel had in the past “concluded that Brazilian producers did not practise dumping” — a claim that is simply untrue. The fact of the matter is that back in 2012 ITAC already found enough evidence of dumping that it twice recommended the imposition of antidumping duties on whole birds and boneless cuts from Brazil.

Santin calls SAPA’s challenge of this predatory trade practice “protectionist” and offers up the fact that only about 500,000 tons of chicken consumed in South Africa are imported from countries such as Brazil. Let it be noted that this represents about 24% of the entire market, a bigger volume than the output of even the biggest single South African producer.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick Op-Ed: Chicken debate: See Brazil as ‘a partner, not an enemy’The chicken debate is becoming intense and the SA Poultry Association has lobbied the International Trade Commission of South Africa to increase import tariffs on chicken from Brazil.
Source: dailymaverick - 🏆 3. / 84 Read more »

SA business delegation arrives in BrazilCompanies exhibiting in the South African Pavilion have been assisted by the department of trade and industry.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

BUSINESS MAVERICK: The curious duality of SA’s first business quarterThe Johannesburg Stock Exchange is up as the curtain closes on the first quarter of 2019, which will cheer the bruised bank accounts of SA’s investors. It’s been a rising quarter, but also, weirdly, a bit of a calamity. Welcome to the strange world of the JSE, circa 2019.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: U.K. Firms Least Likely to Invest in Eight Years as Brexit BitesInvestment intentions among U.K. firms slumped to the lowest in eight years, just one of the measures of economic health that weakened “considerably” amid recent Brexit turmoil, according to the British Chambers of Commerce.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Woes of Africa’s Biggest Fund Manager Move Lawyer to VerseAccusations of dubious investment decisions and poor leadership at Africa’s biggest money manager have been staples of a long-running inquiry into the company’s dealings. But never in the form of poetry.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Moody’s Hands S. Africa’s Ramaphosa Lifeline as Markets RallyIt was case of speaking softly and carrying a big stick. Moody’s Investors Service’s brief comment on South Africa’s credit rating sparked the rand’s strongest rally in five months on Monday and drove government bond yields to the lowest since May.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Tuesday April 2: Five Things You Need to Know to Start Your DayEurope is questioning Chinese trade in the wake of Xi’s visit, U.S. stocks rallied after stronger factory data out of China and the U.K. Parliament fails to find a Plan B for Brexit. Here are some of the things people in markets are talking about.
Source: dailymaverick - 🏆 3. / 84 Read more »

BUSINESS MAVERICK ANALYSIS: Born free, taxed to deathTax rates have become a hot topic recently because of scandals surrounding former Head of South African Revenue Services Tom Moyane and suggestions of an imminent tax revolt by Western Cape premier Helen Zille. International comparisons show South Africa is highly taxed compared to other countries in the world – but how bad is it?
Source: dailymaverick - 🏆 3. / 84 Read more »

BUSINESS MAVERICK: Facebook’s South Africa problem: Just what exactly is ‘white nationalism’?Facebook, under enormous pressure to be more conscious about the content on the platform, has recently announced that beginning immediately it will start taking down posts that support white nationalism and white separatism. But what exactly is ‘white nationalism’ and how would it apply in South Africa? Turns out, it’s a work in progress. A MINORITY's(self)-Preservation .
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Monday April 8: Five Things You Need to Know to Start Your DayThe trade deal wait game continues, oil markets are on edge amid clashes in Libya, and China expands its gold reserves. Here’s what’s moving markets.
Source: dailymaverick - 🏆 3. / 84 Read more »