01-January-2026
Corporate News
 
China Sets Quotas, Slaps Additional Tariffs on Some Beef Imports
31-Dec-2025

China will impose additional 55% tariffs on beef imports from countries including Brazil, Australia and the U.S. when shipments exceed certain quotas, a major blow to key global suppliers as the domestic industry grapples with a supply glut. China's commerce ministry said on Wednesday the total quota for 2026 is 2.7 million metric tons, with Brazil assigned the highest portion of 41.1%, followed by Argentina with 19.0% and 12.1% for Uruguay.

News Source:- https://money.usnews.com/investing/news/articles/2025-12-31/china-to-impose-additional-tariffs-of-55-on-some-beef-imports-from-2026