Australian Beef Exports Face 55% China Tariff as Quota Reached

Australian beef exports to China will face an additional 55% tariff starting this weekend after hitting Beijing’s annual quota limit, which could impact trade flows and prompt producers to seek...

By Ben Westcott · Bloomberg Markets

Australian beef exports to China will face an additional 55% tariff starting this weekend after hitting Beijing’s annual quota limit, which could impact trade flows and prompt producers to seek new markets for red meat.