EconomyLens.com
No Result
View All Result
Wednesday, July 23, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Australia lifts trade barriers on US beef

David Peterson by David Peterson
July 23, 2025
in Economy
Reading Time: 5 mins read
A A
0
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

Cattle graze in a paddock near the Australian farming town of Gunnedah. The United States is a major export market for Australian beef. . ©AFP

Sydney (AFP) – Australia said Thursday it would lift trade barriers on beef from the United States, removing a major point of friction between Canberra and the Trump administration. US President Donald Trump singled out Australia as he unveiled his “Liberation Day” tariffs in April, accusing the close ally of banning American meat while cashing in on exports to the United States.

Related

ECB expected to hold rates as more Trump tariffs loom

US-EU tariff talks progress as Trump announces Japan deal

Champagne makers cut harvest as global outlook fizzles out

US existing home sales dip to 9-month low on high costs

EU, Japan vow joint push for ‘fair’ global trade

Australia’s stringent biosecurity rules block imports of cattle slaughtered in the United States, but born in Canada or Mexico. Threatened with 10 percent tariffs on beef shipped to the United States, one of its largest red meat markets, Australia has now dropped these barriers. Agriculture minister Julie Collins said the United States had adopted new quality controls that soothed Australia’s worries.

“The Department of Agriculture, Fisheries and Forestry is satisfied the strengthened control measures put in place by the US effectively manage biosecurity risks,” she said in a statement. “Australia stands for open and fair trade — our cattle industry has significantly benefited from this.”

Australia suspended US beef imports in 2003 after an outbreak of mad cow disease, a fatal and infectious condition that slowly eats away at the nervous system of cattle. Most of these restrictions were lifted in 2019, although some barriers remained on cattle slaughtered in American abattoirs but born elsewhere. Trump said Australians were “wonderful people” but accused them of banning US beef while exporting billions of dollars worth of meat to America.

“They don’t take any of our beef,” he complained in April.

– ‘Won’t let us’ –

US Commerce Secretary Howard Lutnick — one of the architects behind the US tariff blitz — had also namechecked Australia. “Our farmers are blocked from selling almost anywhere. Europe won’t let us sell beef, Australia won’t let us sell beef,” Lutnick said earlier this year. Almost five percent of all the beef eaten in America is Australian, and that largely goes into burgers.

In the first three weeks of July, Australia shipped almost 25,000 tonnes of beef and veal to the United States, official figures show. Australian Prime Minister Anthony Albanese has been unusually frank in his condemnation of Trump’s trade war against allies and foes alike.

“This is not the act of a friend,” Albanese said in April after the first wave of tariff announcements. “These tariffs are not unexpected, but let me be clear, they are totally unwarranted,” he said. “This will have consequences for how Australians see this relationship.”

© 2024 AFP

Tags: agriculturetradeus-australia relations
Share8Tweet5Share1Pin2Send
Previous Post

Tesla profits drop as Musk warns of ‘rough’ patch before riches

Next Post

ECB expected to hold rates as more Trump tariffs loom

David Peterson

David Peterson

Related Posts

Economy

Trump agrees to small reduction in Philippine tariffs

July 23, 2025
Economy

Equinor takes $1 bn hit from US wind farm regulations, tariffs

July 23, 2025
Economy

Trump announces ‘massive’ Japan trade deal

July 23, 2025
Economy

General Motors profits fall on tariffs

July 23, 2025
Economy

US Treasury chief eyes China tariff deadline extension in talks next week

July 22, 2025
Economy

US Treasury chief says no reason for Fed chair to step down

July 22, 2025
Next Post

ECB expected to hold rates as more Trump tariffs loom

Trump set to visit Scotland for trade talks, and some golf

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

73

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Trump set to visit Scotland for trade talks, and some golf

July 23, 2025

ECB expected to hold rates as more Trump tariffs loom

July 23, 2025

Australia lifts trade barriers on US beef

July 23, 2025

Tesla profits drop as Musk warns of ‘rough’ patch before riches

July 23, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.