Despite new tariffs and ongoing trade negotiations, US beef imports from Brazil hit a record 197 million pounds in January 2025, up from 7 million in January 2020. JBS, the world’s largest meat company, helped power the surge as the US herd shrank.
The Illinois-based farm equipment giant settled charges without admitting or denying the SEC’s findings, which revealed bribery involving cash, luxury trips, and other favors to Thai officials.
