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Argentina Left Out of Expanded US Beef Quota, Brazil Gains

The United States opened 300,000 tonnes of extra beef access for 90 days. Argentina is shut out of the new US beef quota; Brazil is the main gainer. The post Argentina Left Out of Expanded US Beef Quota, Brazil Gains appeared first on The Rio Times .

riotimesonline.com ·

The United States has expanded its beef quota by 300,000 metric tons, but Argentina is left out of the expanded allocation. President Donald Trump signed a proclamation on August 26, 2026, which increased the in-quota volume for beef by the specified amount. According to the proclamation, the extra tonnage is open only to suppliers without country allocations, and Brazil is first in line.

The United Kingdom had already secured its own 13,000-tonne allocation on January 1, 2026. Argentina, Uruguay, Australia, and New Zealand each hold country-specific allocations, preventing them from participating in the shared line. The new volume does not affect the additional amount already allocated to Argentina. Brazilian exporters are expected to take advantage of the new quota, potentially securing 30 to 40 percent of the 300,000-tonne window.

Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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US Senator Ted Cruz is criticizing South Korea's government for what he says is unfair treatment of US companies. In a statement, Cruz mentioned Coupang, a Korean e-commerce company. He said, “The Korean government has shown ungratefulness by taking steps that harm the business of Coupang, a company that has invested billions of dollars in Korea.” Cruz added, “The Korean government has not provided a level playing field for US companies.” The senator’s comments come after the Korean government imposed a 26.7 billion won fine on Coupang. The fine was for allegedly violating antitrust regulations. Coupang denies any wrongdoing. The company says it will review the government’s decision. Cruz has expressed support for Coupang in the past. In 2015, he wrote a letter to the Korean government expressing concern about the country’s regulatory environment. At that time, he was worried about the impact on Coupang. The company has become one of the largest e-commerce companies in Korea. It was founded in 2010 by Shi Ryung Lee and has grown rapidly since then. Coupang has received investments from several major US companies, including Sequoia Capital and SoftBank. The company’s growth has been impressive, but it has also faced challenges. One of the challenges is competition from other e-commerce companies. Another challenge is regulatory scrutiny. The Korean government has been closely monitoring Coupang’s business practices. The government has imposed several fines on the company. Coupang has also faced criticism from some Korean politicians. They have accused the company of unfair business practices. Despite the challenges, Coupang remains one of the largest e-commerce companies in Korea. The company continues to expand its business and invest in new areas. It has also been exploring opportunities in other countries. Coupang’s growth and success have been closely watched by many. The company’s experience will likely provide valuable insights for other e-commerce companies. The Korean government’s actions have sparked a reaction from US politicians. Cruz’s statement reflects concerns about the treatment of US companies in Korea. The issue is likely to continue to be a topic of discussion. It remains to be seen how the situation will develop. The Korean government’s actions have implications for US-Korea relations. The issue may affect the two countries’ economic relationship. It could also impact the business environment for US companies in Korea. The situation will be closely watched by many. The outcome will have significant implications. The Korean government’s decision has sparked a reaction from US politicians. The issue is likely to continue to be a topic of discussion. It remains to be seen how the situation will develop. The situation will be closely watched by many. The outcome will have significant implications for US-Korea relations and the business environment in Korea.

·hani.co.kr

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