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Source: SUCCESSFUL FARMING, 12/15/21
China will raise import tariffs on most pork products next year, the finance ministry said on Wednesday, after the world's top producer rapidly expanded domestic production and reduced its needs for imports. Tariffs for most favoured nations will return to 12% on Jan. 1, from 8% currently, according to a ministry statement. China lowered its tariffs on frozen pork in 2020 from 12% to 8% as the country faced soaring domestic meat prices in the aftermath of a devastating disease outbreak. For more of this story, click here.
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