ANALYSIS: Brazil Fully Exhausts 1.106M MT China Beef Safeguard Quota in 272 Days
On September 29, China's General Administration of Customs, as published via the China International Trade Single Window, has confirmed that Brazil has reached 100% of the quantity stipulated under China's Ministry of Commerce (MOFCOM) Announcement No. 87 of 2025, exhausting the full 1.106 million metric ton (MT) annual safeguard allocation.
Under the terms of Announcement No. 87 of 2025, an additional tariff of 55% is imposed on top of the existing...
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