Tridge summary
China has recently reduced tariffs for dairy products like cheese and whey, benefiting countries without free trade agreements, including the European Union, the United States, Argentina, Belarus, and Uruguay, by lowering the tariffs on their dairy exports. However, New Zealand and Australia, which have free trade agreements with China, enjoy lower tariffs or no tariffs at all, as seen with New Zealand's current lack of volume limitations for cheese imports. In 2020, China imported 129,265 tonnes of cheese, with New Zealand and Australia contributing 56% and 14%, respectively.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In recent years, China has decided to reduce tariffs unilaterally for some products, including dairy products such as cheese and whey. This means that all countries that do not have free trade agreements with China and that pay a higher tariff, based on these discounts, their products come with a lower tariff. Of the main exporting countries, this situation applies to the European Union, the United States, Argentina, Belarus and Uruguay. Among these, only New Zealand and Australia have free trade agreements with China and lower tariffs. For New Zealand, 0% applies to a limited volume of cheese, 6,788 tonnes. Imports from China that exceed this volume will pay the temporary tax. As of 2021, there are no more volume limitations for cheese imports from New Zealand. Australia is governed by the tariff level shown in the table with no volume ...
Source: Milkpoint
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