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China ups pork tariffs again

Starting next year, China's import tariffs for pork will return to their previously higher levels.

17 December 2021
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China has informed that as of January 1, 2022 its tariffs, including those for pork, will go back to their previous rate of 12% for most-favored nations. Last year tariffs had been temporarily reduced to 8%. According to China's Ministry of Finance, the change is due to domestic industrial development and changes in supply and demand.

The U.S. continues to face an import tariff rate of 25% due to trade conflicts.

December 17, 2021/ Ministry of Finance of China and IFIP.
http://gss.mof.gov.cn/
https://ifip.asso.fr

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