China imposes 55% tariff on some Australian beef imports | ABC NEWS
6:35
YouTubeABC News (Australia)
China imposes 55% tariff on some Australian beef imports | ABC NEWS
China has imposed an additional 55 per cent tariff on beef imports that exceed quota levels, dealing a blow to Australian exporters. China says the move is based on safeguarding its own domestic market. Tim Ryan, the CEO of Australian Meat Industry Council, says the new measure will effectively cease trade as no one can afford a 55 per cent tax ...
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