ANALYSIS: Final Race Begins as Australia Fills 90% China’s Safeguard Beef Quota

Imports of beef originating from Australia has reached 90% of China’s annual safeguard quota as of June 1, leading to a sharp shift in logistics arrangements as exporters work to clear customs before a 55% tariff takes effect.

The update was published June 2 on the China International Trade Single Window online portal, citing the General Administration of Customs (GACC) and Ministry of Commerce (MOFCOM).

While exact official trade volumes were not disclosed, hitting the 90% threshold implies that imports have reached...

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