US scrutinising tariff rates for beef imports
The United States is currently scrutinising tariff rates and quotas for beef imports – a move that could have trade implications for Australian beef longer-term if anything was to change.
The US Foreign Agricultural Service has issued a report reviewing tariff rate quotas (TRQs) for US beef imports, noting that the US maintains several TRQs for specific countries (including Australia). In contrast, others have to compete under a smaller “Other Countries” quota.
With additional countries – especially Brazil – gaining access to the US imported beef market in recent years, competition has increased within the “Other Countries” TRQ, and attention has started to focus on the current arrangements.
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