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Showing posts from May, 2026

Beef Safeguard Duties May Not Restrain China's Imports

China's beef imports rebounded in Q1 2026 despite a special safeguard duty mechanism that took effect January 2026. Beef prices in China are so high that beef from Brazil--the dominant supplier of imports--might still be competitive in the Chinese market even if extra safeguard duties are applied later this year. According to China's customs administration beef imports for January-March 2026 totaled 870,000 metric tons, up 27.5% from the same period in 2025 (this appears to exclude beef offal--its inclusion would raise the total to 890,000 metric tons).  A tabulation of monthly data shows that January and February 2026 imports were about 35% higher than year-earlier imports, while March imports were up 15% year-over-year. Imports had peaked in September 2025 and dropped during Q4 2025 before rebounding this year. China customs data, HS 0201, 0202, 020620. In January 2026 China announced a safeguard mechanism for 2026-28 that assesses an extra duty of 55% on beef imports from su...