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7h ago

China Imposes 55% Tariff on Beef Exceeding New Country Quotas

Beijing says the three-year safeguard follows a probe that found imports hurt domestic producers.

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SHENZHEN, CHINA - APRIL 12: Packaged U.S. imported beef is displayed for sale at a supermarket, with marbled cuts individually wrapped and labeled with U.S. Beef stickers featuring the American flag, on April 12, 2025 in Shenzhen, China. China has imposed a new round of retaliatory tariffs on U.S. imports, raising duties to 125% in response to the latest escalation by the United States, which increased tariffs on Chinese goods to 145%. The growing trade tensions have further impacted China's export sector, affecting key industries such as logistics, manufacturing, and cross-border e-commerce. The measures are part of Beijing's broader strategy to counter rising economic pressure and defend its trade interests.
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Overview

  • The measures take effect January 1, 2026 and run for three years, with quotas increasing slightly each year through 2028.
  • For 2026, quotas include about 1.1 million tonnes for Brazil, roughly half that for Argentina, around 200,000 tonnes for Australia, and 164,000 tonnes for the United States, with the 55% levy applied to shipments above those limits.
  • China set total beef import quotas at 2.69 million tonnes for 2026, rising to 2.74 million in 2027 and 2.80 million in 2028, and it suspended part of a beef provision under its free trade agreement with Australia.
  • Australian industry groups called the move extremely disappointing and warned of a severe hit to exports, while Brazilian producers flagged potential losses of up to US$3 billion in 2026 and officials plan talks on quota accounting and transfers.
  • U.S. exporters expect limited immediate impact because the 2026 quota exceeds current volumes after China let some U.S. plant registrations lapse earlier this year, and analysts see possible front-loaded shipments and shifts in global beef flows.