China To Impose Additional 55 Pct Tariff On Australian Beef Imports

BEIJING, March 26 (Bernama-Xinhua) -- China's Ministry of Commerce announced on Thursday that imports of beef from Australia had reached 50 per cent of the annual quota under its safeguard measures, triggering an upcoming tariff adjustment, reported Xinhua.

According to the ministry, Australian beef imports hit the threshold on Wednesday, and an additional 55 per cent tariff will be imposed on such imports starting on Friday. 

--BERNAMA-XINHUA