The U.S. imposes a 10% tariff on Australian lamb, impacting a $1.35 billion industry amid global market adjustments.
The US has imposed a 10% tariff on Australian lamb imports, affecting a $1.35 billion industry. Despite the tariff, the Australian sheepmeat industry remains optimistic due to strong global demand. The US is a key market, paying premiums for high-quality cuts, but the tariffs have led to uncertainty and slowed forward sales. Industry leaders are working to diversify markets and manage the impact of these trade changes.
5 days ago
244 Articles
You have 12 free stories remaining this month. Subscribe anytime for unlimited access.