Not long ago, beef imported from Australia was subject to a 55% tariff due to reaching the quota. Today, Brazil, the “major beef company,” has 20% of its import quota left. The importers were busy stocking up, while the restaurant owners quietly settled the accounts. This wave of ripples, caused by the rise in the price of imported beef, is flowing from the cold storage of traders into street restaurants. Recently, the Ministry of Commerce released the latest information on the implementation of beef protection measures, showing that as of July 21, the amount of beef imported from Brazil had reached 80% of the quota set for this year. According to Ministry of Commerce Notice No. 87 of 2025, a 55% tariff will be added to the current applicable tariff rate starting on the 3rd day when the imported amount of beef reaches 100% of the specified amount. The reporter learned from the industry that according to the current pace of Brazilian beef imports, the quota may be exhausted within the next month or two, and Brazil will face the same tax increase arrangement for imported beef as Australia.

Not long ago, beef imported from Australia was subject to a 55% tariff due to reaching the quota. Today, Brazil, the “major beef company,” has 20% of its import quota left. The importers were busy stocking up, while the restaurant owners quietly settled the accounts. This wave of ripples, caused by the rise in the price of imported beef, is flowing from the cold storage of traders into street restaurants. Recently, the Ministry of Commerce released the latest information on the implementation of beef protection measures, showing that as of July 21, the amount of beef imported from Brazil had reached 80% of the quota set for this year. According to Ministry of Commerce Notice No. 87 of 2025, a 55% tariff will be added to the current applicable tariff rate starting on the 3rd day when the imported amount of beef reaches 100% of the specified amount. The reporter learned from the industry that according to the current pace of Brazilian beef imports, the quota may be exhausted within the next month or two, and Brazil will face the same tax increase arrangement for imported beef as Australia.