Beef Tariff · Full chronicle and history

According to a Ministry of Commerce announcement on September 30, imports of beef from Brazil reached 100% of the 2026 quota of 1.106 million tons on September 29. Starting from 0:00 on October 1, an additional 55% tariff will be levied on top of the current tax rates. This safeguard measure takes effect on January 1, 2026 and lasts for three years.

Master Kong reported instant noodle business revenue of over 13.7 billion yuan, up 2% year on year; Uni-President reported food business revenue of over 5.6 billion yuan, up 4.7% year on year.