The Japan Times - Australia lifts trade barriers on US beef

EUR -
AED 4.323624
AFN 75.940287
ALL 95.130208
AMD 440.4679
ANG 2.107224
AOA 1080.758104
ARS 1611.497818
AUD 1.640802
AWG 2.120604
AZN 2.006077
BAM 1.952063
BBD 2.371021
BDT 144.732893
BGN 1.96385
BHD 0.445582
BIF 3500.446677
BMD 1.177296
BND 1.498195
BOB 8.134633
BRL 5.86235
BSD 1.177276
BTN 109.246475
BWP 15.795161
BYN 3.34374
BYR 23075.00039
BZD 2.367667
CAD 1.622138
CDF 2719.554043
CHF 0.92023
CLF 0.026225
CLP 1032.124042
CNY 8.02651
CNH 8.025203
COP 4245.599931
CRC 536.894858
CUC 1.177296
CUP 31.198342
CVE 110.057088
CZK 24.292918
DJF 209.633975
DKK 7.478542
DOP 71.07929
DZD 155.711563
EGP 61.083007
ERN 17.659439
ETB 184.835883
FJD 2.608304
FKP 0.869683
GBP 0.870523
GEL 3.183245
GGP 0.869683
GHS 13.009579
GIP 0.869683
GMD 86.535785
GNF 10330.772276
GTQ 9.002992
GYD 246.294718
HKD 9.228882
HNL 31.340075
HRK 7.540232
HTG 154.162042
HUF 361.795271
IDR 20178.852382
ILS 3.484549
IMP 0.869683
INR 109.020489
IQD 1542.257679
IRR 1555796.58282
ISK 143.712969
JEP 0.869683
JMD 186.12838
JOD 0.834749
JPY 186.772161
KES 151.993381
KGS 102.954982
KHR 4720.957125
KMF 492.110114
KPW 1059.54421
KRW 1727.140685
KWD 0.363031
KYD 0.981063
KZT 552.006567
LAK 25741.576101
LBP 105336.058433
LKR 372.123333
LRD 216.862353
LSL 19.131508
LTL 3.476249
LVL 0.712135
LYD 7.440958
MAD 10.859971
MDL 20.237113
MGA 4872.828297
MKD 61.658617
MMK 2472.587069
MNT 4209.502521
MOP 9.495819
MRU 47.054907
MUR 54.497475
MVR 18.20144
MWK 2043.786155
MXN 20.380292
MYR 4.653267
MZN 75.294007
NAD 19.231175
NGN 1580.496695
NIO 43.23075
NOK 11.029737
NPR 174.79476
NZD 2.001864
OMR 0.454368
PAB 1.177276
PEN 4.045782
PGK 5.087141
PHP 70.124501
PKR 328.31845
PLN 4.231614
PYG 7499.831864
QAR 4.292466
RON 5.098167
RSD 116.995006
RUB 89.747056
RWF 1720.029366
SAR 4.415986
SBD 9.460335
SCR 16.736604
SDG 707.555258
SEK 10.789215
SGD 1.495288
SHP 0.87897
SLE 28.990957
SLL 24687.302663
SOS 672.828941
SRD 44.391165
STD 24367.648971
STN 24.78208
SVC 10.300716
SYP 130.128292
SZL 19.231174
THB 37.81518
TJS 11.100946
TMT 4.126422
TND 3.375901
TOP 2.834646
TRY 52.795135
TTD 7.99603
TWD 37.061709
TZS 3055.00648
UAH 51.826593
UGX 4359.763852
USD 1.177296
UYU 46.831529
UZS 14286.486604
VES 564.698282
VND 31004.088534
VUV 139.188822
WST 3.1983
XAF 654.72015
XAG 0.014532
XAU 0.000243
XCD 3.181702
XCG 2.121728
XDR 0.814262
XOF 655.16942
XPF 119.331742
YER 280.907036
ZAR 19.209
ZMK 10597.080419
ZMW 22.39669
ZWL 379.088812
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSD

    0.1800

    23.08

    +0.78%

  • BCE

    -0.0700

    24.09

    -0.29%

  • CMSC

    0.1500

    22.77

    +0.66%

  • RIO

    0.4400

    100.15

    +0.44%

  • RELX

    0.4700

    36.68

    +1.28%

  • GSK

    1.2200

    58.35

    +2.09%

  • RYCEF

    0.5600

    17.66

    +3.17%

  • AZN

    4.3300

    204.8

    +2.11%

  • NGG

    -0.6000

    86.92

    -0.69%

  • BTI

    0.5400

    56.68

    +0.95%

  • BCC

    4.2400

    83.04

    +5.11%

  • JRI

    0.1800

    13.09

    +1.38%

  • BP

    -3.0400

    44.59

    -6.82%

  • VOD

    -0.2200

    15.48

    -1.42%

Australia lifts trade barriers on US beef
Australia lifts trade barriers on US beef / Photo: DAVID GRAY - AFP

Australia lifts trade barriers on US beef

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.

Text size:

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.

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."

S.Ogawa--JT