TradeTariffs aim to boost domestic breeders but sluggish economy, other pressures persistPackages of Australian beef are displayed at a supermarket in Shanghai. Australian exporters are set to hit the quota China imposed on them for this year. (Photo by Wataru Suzuki)SHAUN TURTON and WATARU SUZUKIJune 8, 2026 10:33 JSTCANBERRA/SHANGHAI -- Beef exporters are redirecting shipments as policies in China, the world's largest importer, reshape global trade flows.Read NextTradeJapan's farmer-backed ruling party to support trade talks with MercosurFood & BeverageJapan beef bowl purveyors scramble for meat as US prices climbAgricultureUS farmers warily welcome stabilization of trade with ChinaMaterialsChina's rare-earth exports to Japan drop 80%, sending companies scramblingCommoditiesAustralia orders China-linked investors to sell Northern Minerals stakeBusiness trendsBusiness confidence in China rebounds: EU Chamber of Commerce surveyTrump-Xi SummitChina says Xi and Trump agreed to spur trade by lowering some tariffsLatest on TradeTradeJapan's farmer-backed ruling party to support trade talks with MercosurTradeIndonesia's trade surplus hits lowest level in six years as rupiah slidesTradeTrump administration wants to raise North American auto content to 82%