China imposes an additional tariff of 55% on imported beef.

China imposes quotas and tariffs of 55% on imported beef starting January 1, 2026. China is imposing from January 1, 2026, safeguard measures on imported beef, which will include specific country quotas and an additional tariff of 55% for imports that exceed those limits, following an investigation that determined "serious damage" to the domestic cattle industry, reported the country's Ministry of Commerce. According to the statement released by the trade ministry, beef imports have increased significantly in recent years and there is a causal relationship between this increase and the difficulties faced by the domestic sector, which justifies the adoption of temporary protection measures in accordance with Chinese regulations and the rules of the World Trade Organization (WTO). The measures will be in effect for three years, until December 31, 2028, and will be applied through annual country quotas, which will be gradually expanded, the agency said. Once the assigned volume is ...