ANALYSIS: Quotas, Bans, and Tariffs - The New Rules Reshaping Global Beef Trade
Global beef trade flows are undergoing significant changes as import policies evolve across the EU, China and the US, according to industry reports.
China, the world’s largest beef importer, has introduced new country-specific beef quotas. Imports outside these quotas will be subject to a 55% tariff, while quota allowances are expected to increase gradually each year. The policy is likely to have a material impact on exporters and could further reshape global beef trade flows as suppliers adjust to changing market access and tariff conditions...
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