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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.

Continue reading on Beef Central.



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