Australia’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 (US$667 million) between the two countries.
China announced it would impose additional 55 per cent tariffs on some beef imports from countries including Brazil, Australia and the United States that exceed a certain quantity for the next three years.
The country also said it would suspend part of a free-trade agreement with Australia covering beef.
“We are disappointed by this decision,” Australian Trade Minister Don Farrell said in a statement.
“We have made it clear to China that Australian beef is not a risk to their beef sector, and that we expect our status as a valued free trade agreement partner to be respected.”
“Our beef is world-class and high in demand, and we will continue to advocate for and support our beef industry.”
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