{"id":286416,"date":"2025-11-15T15:34:12","date_gmt":"2025-11-15T15:34:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/286416\/"},"modified":"2025-11-15T15:34:12","modified_gmt":"2025-11-15T15:34:12","slug":"trump-makes-stunning-tariff-backflip-on-australian-beef-exports","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/286416\/","title":{"rendered":"Trump makes stunning tariff backflip on Australian beef exports"},"content":{"rendered":"

US President Donald Trump<\/a> has removed tariffs on one of Australia\u2019s biggest exports to the US.<\/p>\n

The US president revealed on Saturday morning Australian time he would lift reciprocal tariffs on a broad swath of commodities, including beef, coffee and tropical fruits.<\/p>\n

It\u2019s part of a response to pressure from consumers who complain prices are too high.<\/p>\n

Know the news with the 7NEWS app: Download today Arrow<\/a><\/p>\n

Though Australian products already had the lowest tariff rate of any US trading partner, removing that baseline 10 per cent levy on beef will be a significant boon for farmers.<\/p>\n

\u201cAs an incredibly important market for Australian beef, we greatly value our relationship with the American industry and consumers,\u201d Cattle Australia chief executive Will Evans said.<\/p>\n

\u201cThe decision to remove tariffs will further strengthen that relationship.\u201d<\/p>\n

The move comes after voters in off-year elections earlier this month cited economic concerns as their top issue, resulting in big wins for Democrats in races in Virginia and New Jersey.<\/p>\n

Trump slapped tariffs on most countries<\/a> in April. He and his administration have long insisted that tariffs don\u2019t increase consumer prices, despite economic evidence to the contrary.<\/p>\n

Record-high beef prices have been a particular concern, and Trump has said he intended to take action to try to lower them. Trump\u2019s tariffs on Brazil, a major beef exporter, have been a factor.<\/p>\n

The executive order also removes tariffs on tea, fruit juice, cocoa, spices, bananas, oranges, tomatoes and certain fertilizers. Some of the products covered aren\u2019t produced in the United States.<\/p>\n

The president signed the executive order after announcing that the US had reached framework agreements with Ecuador, Guatemala, El Salvador and Argentina designed to ease import levies on agricultural products produced in those countries.<\/p>\n

Trump suggested earlier this week that he\u2019d be lowering tariffs on coffee to help increase its importation.<\/p>\n

Albanese government responds to tariff move<\/p>\n

Australia\u2019s Minister for Trade and Tourism Don Farrell said Trump\u2019s decision to drop a range of tariffs is welcome news.<\/p>\n

\u201cWe welcome the removal of tariffs on Australia\u2019s world-class agricultural exports, including beef,\u201d Farrell told 7NEWS.com.au.<\/p>\n

\u201cThe Albanese government\u2019s position has been consistent and clear. Tariffs are an act of economic self harm and ultimately hurts American consumers.<\/p>\n

\u201cWe maintain our position that tariffs on any Australian products are unjustified, and continue to advocate for their removal.\u201d<\/p>\n

Meat is Australia\u2019s second largest export to America behind non-monetary gold according to the Australian Bureau of Statistics.<\/p>\n

In 2024, the US accounted for 30 per cent of Australia\u2019s beef exports, the United States Studies Centre found.<\/p>\n

Some 394,000 tonnes of beef worth $4.16 billion was sent to the states, according to Meat and Livestock Australia.<\/p>\n

Even when the tariffs were in place, trade continued to flow.<\/p>\n

Australia has exported more than 370,000 tonnes of beef since the beginning of the year, up 17 per cent compared to the first 10 months of 2024, Meat and Livestock Australia found.<\/p>\n

The Albanese government in July wound back biosecurity restrictions on US beef imports<\/a> as tariff concerns reached their zenith.<\/p>\n

Ms Collins at the time insisted the decision had followed a decade-long science-based review.<\/p>\n

But the US had previously complained to Australia about non-tariff trade barriers, including longstanding restrictions on beef following a prior outbreak of mad cow disease, and their removal was hailed by Trump as a victory.<\/p>\n

– With AP<\/p>\n

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