China Slaps 55% Tariff on Australian Beef After 205,000-Ton Quota Is Reached
Updated
Updated · Bloomberg · Jun 19
China Slaps 55% Tariff on Australian Beef After 205,000-Ton Quota Is Reached
3 articles · Updated · Bloomberg · Jun 19
Summary
A 55% additional tariff will hit Australian beef exports to China from this weekend after shipments exhausted Beijing’s annual import quota.
The trigger was a 205,000-ton cap China set in December on Australian beef imports as part of broader curbs meant to shield domestic farmers.
The higher duty could disrupt current trade flows and push Australian producers to redirect red meat sales toward alternative markets.
China’s quota system also targets other major beef exporters, including Brazil and Argentina, underscoring a wider effort to protect its local livestock sector.