"Australian beef producers said they were extremely disappointed after China announced a 55% tariff on imports that exceed quota levels in a move to protect a domestic cattle industry slowly emerging from oversupply. China's commerce ministry said on Wednesday the total import quota for 2026 for Australia and other countries such as Brazil and the US covered under its new safeguard measures is 2.7m metric tons, roughly in line with the record 2.87m tons it imported overall in 2024."
"The new annual quota levels are set below import levels for the first 11 months of 2025 for Australia as well as its top supplier, Brazil. Sign up: AU Breaking News email The increase in the amount of imported beef has seriously damaged China's domestic industry, the ministry said in announcing the measure after an investigation launched last December. The measure takes effect on 1 January for three years, with the total quota increasing annually."
"The prime minister, Anthony Albanese, said Australia was communicating with China over the move, but downplayed the potential impact on the local beef industry. This is something that wasn't Australia being singled out this is a general position that China has put, Albanese said on Thursday. We are advocating, as we always do, for Australian industry. Australian beef is, in my view, proudly, as the Australian prime minister, the best in the world."
China announced a 55% tariff on beef imports that exceed quota levels to protect a domestic cattle industry emerging from oversupply. The total 2026 import quota for Australia, Brazil, the US and others is 2.7m metric tons, roughly matching 2024 levels and set below the first 11 months of 2025 imports for Australia and Brazil. Officials said rising imports seriously damaged China's domestic industry after an investigation. The safeguard takes effect on 1 January for three years with the quota increasing annually. Australian leaders said they are engaging China and defended Australia’s beef; producers and industry groups called the tariff unfair and devastating.
Read at www.theguardian.com
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