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Chinese government ministry
The Ministry of Commerce (MOFCOM) is an executive department of the State Council of the People's Republic of China responsible for formulating policies on foreign trade, export and import regulations, foreign direct investments, consumer protection, market competition, and negotiating bilateral and multilateral trade agreements. It is the 20th-ranked department of the State Council. The current minister is Wang Wentao.
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Beijing has put a 55% tariff on all additional beef imports into China after Brazil filled its massive export quota.