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China's New Year Surprise: Hefty New Tariff on Beef Exports Exceeding Quota

The tariff aims to protect China's cattle industry and will cut Australian beef exports by one-third, costing the industry about A$1 billion, Australian Meat Industry Council CEO said.

Summary by SBS News
Australia’s billion-dollar beef trade faces a massive shakeup as China imposes a new 55 per cent tariff on imports that exceed strictly capped annual quotas. While the Chinese government claims the move will protect its farmers from oversupply, Australian industry leaders and the Federal Opposition warn the tariff increase breaches the spirit of Australia's long-standing free trade agreement with China.

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The quota that China set for Argentina will be 511,000 tons per year. Shipments that exceed that limit will have to pay 55% more. China announced that it will apply a new quota scheme and 55 percent tariffs to the import of beef, a decision that will have a direct impact on Argentine exports, given that [...] The entry China will apply new tariffs for Argentine meat was first published in Pausa.

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SBS News broke the news in Sydney, Australia on Friday, January 2, 2026.
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