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According to the Ministry of Commerce's website, on December 31, the Ministry of Commerce issued a notice ruling that the increase in imported beef has caused serious damage to China's domestic industry, and that it will launch a three-year safeguard measure for imported beef to provide relief to the domestic beef industry. On January 1, the Australian Broadcasting Corporation noticed that China's total quota is roughly the same as the total import volume of 2.87 million tons in 2024, but Brazil and Australia's annual quotas are lower than the 2025 import level. In the first 11 months of 2025, Australia exported more than 295,000 tons of beef to China. Furthermore, the Chinese side also suspended some provisions relating to beef in the free trade agreement with Australia. The Australian meat industry warned that the move would reduce the country's beef exports to China by one-third, and losses would reach about 1 billion Australian dollars. Australian Prime Minister Albanis said that the government is communicating with China and stressed that Australia has not been targeted separately and that the tariffs are “comprehensive.” Australian Trade Minister Don Farrell falsely criticized China's reasonable and compliant trade measures, claiming that he was “disappointed.”

智通財經·01/02/2026 05:41:01
語音播報
According to the Ministry of Commerce's website, on December 31, the Ministry of Commerce issued a notice ruling that the increase in imported beef has caused serious damage to China's domestic industry, and that it will launch a three-year safeguard measure for imported beef to provide relief to the domestic beef industry. On January 1, the Australian Broadcasting Corporation noticed that China's total quota is roughly the same as the total import volume of 2.87 million tons in 2024, but Brazil and Australia's annual quotas are lower than the 2025 import level. In the first 11 months of 2025, Australia exported more than 295,000 tons of beef to China. Furthermore, the Chinese side also suspended some provisions relating to beef in the free trade agreement with Australia. The Australian meat industry warned that the move would reduce the country's beef exports to China by one-third, and losses would reach about 1 billion Australian dollars. Australian Prime Minister Albanis said that the government is communicating with China and stressed that Australia has not been targeted separately and that the tariffs are “comprehensive.” Australian Trade Minister Don Farrell falsely criticized China's reasonable and compliant trade measures, claiming that he was “disappointed.”