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Australian beef will soon be hit by 55% tariff in China, ministry says
Australian beef will soon be hit by 55% tariff in China, ministry says China’s imports of Australian beef are about to surpass a quota introduced by Beijing to protect domestic farmers Australian beef will soon be subject to an additional 55 per cent import duty in China, with shipments of the meat about to surpass an annual quota set by Beijing, China’s Ministry of Commerce confirmed on Tuesday. Imports of Australian beef have already reached 90 per cent of this year’s quota, meaning that a...