China’s imported beef tariff to protect local cattle industry could cost Australia $1b
China’s imported beef tariff to protect local cattle industry could cost Australia $1b
CHINA has followed-through on its year-long investigation into imported beef and its alleged impacts in the Chinese domestic beef industry, announcing a series of trade restrictions overnight.
China’s Ministry of Commerce imposed a series of Safeguard limits on major beef exporters for the next three years, effective today – but the measures are far from impartial and impact Australia more than some others.
Early last year China announced an investigation into imported beef’s impact on the domes
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