China to Impose 55% Tariffs on Certain Beef Imports Amidst Domestic Industry Concerns
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China to Impose 55% Tariffs on Certain Beef Imports Amidst Domestic Industry Concerns

China will impose an additional 55 percent tariff on certain beef imports starting January 1, 2026, lasting for three years. This measure, described as a safeguard by China's commerce ministry, follows an investigation concluding that rising imports harmed the domestic industry due to oversupply and weak demand. Annual quotas will be set for major exporters like Brazil, Argentina, and Australia, with the higher tariff applying to shipments exceeding these limits. The quotas are designed to allow slight annual growth while controlling overall volumes.

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