December 20, 2021

China's import tariffs for pork to increase next year

China's import tariffs for pork will return to their previously higher levels, from the start of 2022 onwards.

The country has informed that as of January 1 next year, its tariffs, including those for pork, will return 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 United States continues to face an import tariff rate of 25% due to trade conflicts with China.

- Ministry of Finance of China / IFIP.