MOFCOM says New Zealand beef imports reach 50% of safeguard trigger volume
AI summary
MOFCOM's Trade Remedy and Investigation Bureau states in 商救济进一函〔2026〕63号 that beef imports from New Zealand under the beef safeguard reached 50% of the volume set for that country in MOFCOM Announcement No. 87 of 2025 on November 2, 2026. Under that announcement, an additional 55% tariff on top of the applicable tariff rate applies from the third day, inclusive, after imports reach 100% of the set volume. The notice does not state when the 100% level is expected to be reached.
Source: MOFCOM · Trade Remedy and Investigation Bureau · trb.mofcom.gov.cn