China Imposes 55% Tariffs on Beef Imports
China imposed tariffs of 55% on imports of beef beginning Jan. 1, the country's Ministry of Commerce announced Dec. 31, according to an unofficial translation. The measures, which will last three years, came at the end of an antidumping investigation…
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instituted at the end of 2024. The tariffs are levied on top of the current rate and apply to imports of beef over a set quota of 2.7 million metric tons in total from all countries. The quota for U.S. imports is 0.164 million tons in the first year and will increase to 0.171 million tons by the third year.