ICYMI: China slaps 55% tariff on excess beef imports under new three-year safeguard regime

TL;DR summary, and note there is AUD risk in this news: China will impose a 55% tariff on beef imports exceeding newly set quotas from January 1, 2026, under a three-year safeguard regime. The 2026 total import quota is set at 2.7 million tonnes, broadly in line with 2024 imports but below 2025 shipment levels […]