Australian beef will soon be hit by 55% tariff in China, ministry says
China’s imports of Australian beef are about to surpass a quota introduced by Beijing to protect domestic farmers
Australian beef will soon be subject to an additional 55 per cent import duty in China, with shipments of the meat about to surpass an annual quota set by Beijing, China’s Ministry of Commerce confirmed on Tuesday.
Imports of Australian beef have already reached 90 per cent of this year’s quota, meaning that a tariff adjustment will soon be triggered, the ministry announced via an alert.
The policy sets an annual quota for beef imported from a string of countries – including Australia, Argentina, Brazil, New Zealand, Uruguay and the United States – with a 55 per cent levy kicking in once the quota is reached.
Under the system, 205,000 tonnes of Australian beef could be imported to China with low tariffs in 2026. Chinese authorities will begin charging the 55 per cent duty three days after the threshold is passed, the ministry said.
China’s beef industry has been hit by a downturn in demand in recent years, as falling import prices erode domestic producers’ cost advantages and dampen processors’ appetite for local meat, according to a report released by market information provider Sublime China Information (SCI) last week.
In 2023, domestic beef was selling for about 77 yuan (US$11.40) per kilogram on average in China, but that fell to 71.3 yuan in December and just 66.38 yuan in late May, data from SCI showed.
Imports of Australian beef have accelerated in recent weeks. In mid-May, around 80 per cent of the quota had been used, but now the level has already risen to 90 per cent, suggesting the ceiling could be reached within weeks.

CCP Fucking Big Bully
ReplyDelete205,000 tonnes of Australian beef could be imported to China with low tariffs in 2026. Chinese authorities will begin charging the 55 per cent duty three days after the threshold is passed
DeleteBully?
Mfering selectivity!
DeleteWhen the Yankee imposes unilateral tariffs on any other nations, where is yr f*cking rant?
Every country in the world from A to Z has condemned fuck for the tariffs that he imposed.
DeleteCCP has imposed gratuitous tariffs on countries that ut targeted to bully, but escaped ensure because of its very effective global info war campaign. There are many people for whom CCP shit and fart smells good.
Condemn yankee unilateral tariffs impositions?
DeleteYet, still kowtowing to those implementations.
Mfer, u know not of effective global info war campaign due to yr addiction to yankee foul fragrances