MatchPoint Times

Home

China sets quotas, slaps additional tariffs on some beef imports

Cover Image for China sets quotas, slaps additional tariffs on some beef imports

Additional tariffs of 55% will be imposed on beef imports from countries including Brazil, Australia and the US when shipments exceed certain quotas.

BEIJING: China will impose additional 55% tariffs on beef imports from countries including Brazil, Australia and the US when shipments exceed certain quotas, a major blow to key global suppliers as the domestic industry grapples with a supply glut.

China’s commerce ministry said on Wednesday the total quota for 2026 is 2.7 million tonnes, with Brazil assigned the highest portion of 41.1%, followed by Argentina with 19.0% and 12.1% for Uruguay.

The ministry allocated a quota of 205,000 tonnes for Australia and 164,000 tonnes for the US.

Tags:AustraliabeefBrazilcattleChinaUS cattle


Loke vows to ensure DAP upholds principles in 2026

The DAP secretary-general also says they will continue serving with honesty and make decisions that align with public interest.

🟡FMT Reporters

Indian stocks face worst Asia underperformance in three decades

Equities have been pressured by a weak rupee and foreign outflows.

🟡Bloomberg