What Will the Latest Round of Tariff Cuts Mean for China Food Importers, Consumers and Local Brands?

The biggest news this week for China food importers, among others, was the Ministry of Finance’s announcement that it will cut import tariffs on nearly 200 consumer goods, effective almost immediately. Starting on Friday December 1, tariffs will come down an average of more than 50% for 187 items ranging from avocados to macadamia nuts….
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