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The Nexus
BUSINESSJun 2 · 10:30 UTCSCMP CHINAHe Huifeng

Australian beef will soon be hit by 55% tariff in China, ministry says

Australian beef will face a 55% import tariff in China after shipments approach the annual quota, according to China’s Ministry of Commerce. The ministry confirmed that imports have reached 90% of this year’s quota, triggering the tariff adjustment.

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