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EU suspends Brazilian food imports; Brazil threatens retaliatory sanctions
📈 Business

EU suspends Brazilian food imports; Brazil threatens retaliatory sanctions

The European Union suspended imports of beef, poultry, eggs and honey from Brazil, prompting a sharp response from Brasília. Brazil is hoping for a swift resolution but warns it may resort to retaliatory measures against the EU if the dispute drags on. The standoff could have significant consequences for trade relations between the two blocs.

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