šØ CHINA SLAPS 55% TARIFF ON U.S. BEEF ABOVE QUOTA
Beijing just dropped a major end-of-year trade bomb š„
Starting Jan 1, 2026, Chinaās Ministry of Commerce (MOFCOM) will impose a 55% additional tariff on beef imports that exceed annual quotas ā a move set to reshape the global meat trade.
š Key Details
⢠U.S. quota: 164,000 metric tons for 2026
⢠Penalty: Any exports above the cap face a massive 55% levy on top of existing duties
⢠Reason: China says a surge in cheap foreign beef has āsubstantially damagedā its domestic cattle industry after a year-long probe
⢠Not just the U.S.:
š§š· Brazil ā 1.1M tons
š¦šŗ Australia ā 205K tons
š¦š· Argentina ā also capped
⢠Duration: Safeguard measures run through Dec 31, 2028
⢠Transition plan: Quotas will rise gradually, with tariffs slowly eased each year
š§ Why This Matters
China is a high-margin destination for premium U.S. beef.
This move forces exporters into a tough choice: ā”ļø Cap shipments
ā”ļø Or get priced out of Chinese supermarkets and steakhouses entirely
Trade protection is back ā and itās aggressive.