China's New Tariff Policies Beef Up Trade Tensions
China has declared the imposition of additional tariffs of up to 55% on beef imports from countries such as Brazil and the U.S. This measure targets shipments exceeding specific quotas, according to the commerce ministry's announcement. The tariffs will be implemented starting January 1, 2026, and will last for three years.
- Country:
- China
China is set to implement additional tariffs of 55% on beef imports from countries including Brazil and the U.S., targeting shipments that surpass certain quotas.
This was announced by China's commerce ministry on Wednesday, as the country aims to regulate beef import levels.
The new tariff measures are scheduled to come into effect on January 1, 2026, and will remain in place for a duration of three years.
ALSO READ
U.S. Lifts Sanctions on Intellexa Executives Amid Spyware Controversy
U.S. Stocks Tumble; Gold Shines Bright In Year-End Trading
U.S. and Ivory Coast Forge $480 Million Health Agreement
U.S. Dollar Faces Dismal Year Amidst Rate Cuts and Trade Woes
Diplomatic Retaliation: Mali and Burkina Faso's Ban on U.S. Travelers

