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Live News REGULATION ARTICLE M impact

China to impose additional 55% tariff on Brazil beef imports from Oct 1

China’s commerce ministry said a further 55% tariff on Brazilian beef imports will begin on October 1, on top of the current applicable rate.

BEIJING, Sept 30 — China said on Wednesday it will add a further 55% tariff on beef imports from Brazil starting on October 1, on top of the current applicable rate, the commerce ministry said. Reporting by Liz Lee and Beijing newsroom; editing by Tom Hogue.