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China Imposes Beef Import Curbs | 55% Tariff, New Quotas Hit Global Suppliers

China Imposes Beef Import Curbs | 55% Tariff, New Quotas Hit Global Suppliers
China has announced new restrictions on beef imports, imposing a 55% tariff on shipments that exceed newly set quota levels in a move aimed at protecting its domestic cattle industry. The commerce ministry said the 2026 import quota will be capped at 2.7 million metric tons for key suppliers including Brazil, Australia, and the United States.