Overview
- President Donald Trump on Friday removed tariffs on more than 200 food products, including beef, in a move framed as easing U.S. grocery costs.
- Foreign Minister Penny Wong welcomed the change as beneficial for Australian producers and for consumer access to markets.
- Prime Minister Anthony Albanese said Australia will continue pushing for zero tariffs overall, while 50% U.S. duties on Australian steel and aluminium remain in place.
- Australia became the largest U.S. supplier of red meat in 2024, with exports worth about A$4 billion and long-running annual shipments in the 150,000–400,000 tonne range.
- The food-tariff rollback follows recent U.S. agreements with Ecuador, Guatemala, El Salvador and Argentina to reduce agricultural import taxes.