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Australian Beef Imports Hit 80% of China's Annual Quota on May 15; 55% Tariff to Take Effect at 100%

2026-05-16 10:33:24

According to China's Ministry of Commerce Safeguard Measures announcement, Australian beef imports under the safeguard measure reached 80% of the designated annual quota on May 15, 2026. When imports reach 100% of the set quota, a 55% additional tariff will be imposed on top of the current applicable tariff rate, effective from the third day (inclusive) following the 100% threshold.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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