Foreign Minister Penny Wong said on November 16 that Australia welcomes the move by U.S. President Donald Trump to remove tariffs on beef, considering this a positive step for Australian beef producers.
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Source: hanoionline.vn On November 14, Mr. Trump removed taxes on over 200 food items, including beef, amid concerns from U.S. consumers about rising food prices in supermarkets. In 2024, Australia became the largest exporter of red meat to the U.S., supplying competitively priced products and lean meats that the U.S. market lacks. In April, Mr. Trump highlighted the disparity in beef trade with Australia after Australia's beef exports to the U.S. surged last year, reaching 4 billion AUD (2.64 billion USD) amid a decline in U.S. beef production. A few months after this comment, Australia ...
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