date:Nov 25, 2021
Brazilian orange juice producer Cutrale has suspended exports of orange juice concentrate from Brazil to the United States, as a new tax on exports has eroded its profits. The Brazilian tax on exported juice concentrate has impacted the profit margins for shipments from Brazil. Cutrale, which supplies Coca-Cola orange juice brands such as Minute Maid and Simply Orange, is looking to export from Mexico.
There is a bill that could reverse the tax being analyzed in Congress and the group is also t