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Trump's Tariff Threats Haunt U.S. and Australian Beef Markets

3/14/2025

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Summary

Story summary

Cattle farmers in the U.S. and Australia are on edge as President Trump considers tariffs on beef exports. With U.S. beef exports exceeding $19 billion, the looming threat of China not renewing export licenses casts a shadow. Meanwhile, Australia, dependent on the U.S. market, braces for potential fallout on its $6.2 billion meat industry.

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Story summary

Cattle farmers in the U.S. and Australia are on edge as President Trump considers tariffs on beef exports. With U.S. beef exports exceeding $19 billion, the looming threat of China not renewing export licenses casts a shadow. Meanwhile, Australia, dependent on the U.S. market, braces for potential fallout on its $6.2 billion meat industry.