4 days ago
Brazil's Suzano Cuts Pulp Production on Uncertainty Over Tariffs
Brazilian company Suzano SA is cutting wood-pulp production after negotiations with clients in China, its biggest market, were hit by uncertainty over US President Donald Trump's trade tariffs.
The world's top exporter of the raw material used in everything from packaging to toilet paper is reducing output for the next 12 months, Suzano said in a statement on Wednesday as it released second-quarter results. Production will be cut by 3.5%, or roughly 450,000 tons.
