Australia ‘disappointed’ with China’s beef tariffsAFP, SYDNEYAustralia’s government is “disappointed” with China’s decision to impose new beef import tariffs, with one industry group warning the move could damage trade worth over A$1 billion between the two countries. The country also said it would suspend part of a free-trade agreement with Australia covering beef to temporarily help the domestic industry get through difficulties. The tariffs follow China’s beef price trending downwards in recent years, with analysts blaming oversupply and a lack of demand as the world’s second-largest economy has slowed. At the same time, Chinese beef imports from countries such as Brazil, Argentina and Australia have surged. Investigators found that beef imports had damaged China’s domestic industry, the Chinese Ministry of Commerce said in a statement on Wednesday.

Source: Taipei Times January 01, 2026 16:12 UTC