No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, May 27, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Trump defeats Australia’s mad cow disease restrictions in deal to ship American beef overseas

by TheAdviserMagazine
10 months ago
in Business
Reading Time: 4 mins read
A A
Trump defeats Australia’s mad cow disease restrictions in deal to ship American beef overseas
Share on FacebookShare on TwitterShare on LInkedIn



Australia announced it will reduce restrictions on U.S. beef imports in a move U.S. President Donald Trump’s administration claimed as a major victory over “non-scientific trade barriers.”

Agriculture Minister Julie Collins said Thursday that relaxing the restrictions designed to keep Australia free of mad cow disease, also known as bovine spongiform encephalopathy or BSE, would not compromise biosecurity.

“Australia stands for open and free trade — our cattle industry has significantly benefited from this,” Collins said in a statement.

Trump celebrated the announcement with a post on Truth Social that said: “Now, we are going to sell so much to Australia because this is undeniable and irrefutable Proof that U.S. Beef is the Safest and Best in the entire World.”

U.S. Secretary of Agriculture Brooke L. Rollins responded to Australia’s announcement by congratulating Trump on a “major trade breakthrough that gives greater access to U.S. beef producers selling to Australia.”

“This is yet another example of the kind of market access the President negotiates to bring America into a new golden age of prosperity, with American agriculture leading the way,” she said in a statement.

Australia has allowed imports of beef grown in the United States since 2019. But Australia has not allowed imports from the U.S. of beef sourced from Canada or Mexico because of the disease risk.

But the U.S. has recently introduced additional movement controls that identify and trace all cattle from Mexico and Canada to their farms of origin.

US cattle import controls satisfy Australian authorities

Australian authorities were “satisfied the strengthened control measures put in place by the U.S. effectively manage biosecurity risks,” Collins said.

The timing of the new, reduced restrictions has not been finalized.

Trump attacked Australian import restrictions on U.S. beef when he announced in April that tariffs of at least 10% would be placed on Australian imports, with steel and aluminum facing a 50% tariff.

“Australia bans — and they’re wonderful people, and wonderful everything — but they ban American beef,” Trump told reporters then.

“Yet we imported $3 billion of Australian beef from them just last year alone. They won’t take any of our beef. They don’t want it because they don’t want it to affect their farmers and, you know, I don’t blame them, but we’re doing the same thing right now,” Trump added.

Lawmaker fears appeasing Trump endangers Australian cattle industry

Opposition lawmaker David Littleproud suspected the government was endangering Australia’s cattle industry to appease Trump.

“I want to see the science and it should be predicated on science. I’m suspicious of the speed at which this has been done,” Littleproud told reporters.

“We need to give confidence to the industry, but also to you (the public): this is not just about animal welfare, this is about human welfare, this is about BSE potentially coming into this country and having a human impact, so I think it’s important the government’s very transparent about the science and I don’t think it’s even beyond the question to have an independent panel review that science to give confidence to everybody,” he added.

Around 70% of Australian beef is exported. Producers fear that the export market would vanish overnight if diseases, including mad cow or foot-and-mouth disease, infected Australian cattle.

Will Evans, chief executive of Cattle Australia, who represents more than 52,000 grass-fed beef producers across the nation, said he was confident the agriculture department had taken a cautious approach toward U.S. imports.

“The department’s undertaken a technical scientific assessment and we have to put faith in them. They’ve made this assessment themselves. They’ve said: ‘We’ve looked at this, we’ve looked at the best science, this is a decision that we feel comfortable with,’” Evans said.

“When you have a $75 billion (Australian $50 billion) industry relying on them not making this mistake, I’m sure they’ve been very cautious in their decision-making,” he added.

US beef prices rise because of drought and a domestic cattle shortage

Beef prices have been rising in the U.S. due to factors that include drought and shrinking domestic herd numbers.

The average price of a pound of ground beef in the U.S. rose to $6.12 in June, up nearly 12% from a year ago, according to U.S. government data. The average price of all uncooked beef steaks rose 8% to $11.49 per pound.

Australian demand for U.S. beef is likely to remain low for reasons including a relatively weak Australian dollar.

Australia’s opposition to any U.S. tariffs will be high on the agenda when Prime Minister Anthony Albanese secures his first face-to-face meeting with Trump.

Albanese and Trump were to hold a one-on-one meeting on the sidelines of a Group of Seven summit in Canada last month, but the U.S. president left early.

Albanese expects the pair will meet this year, although no date has been announced.

The two countries have had a bilateral free trade deal for 20 years, and the U.S. has maintained a trade surplus with Australia for decades.



Source link

Tags: AmericanAustraliasBeefCowdealdefeatsdiseaseMadOverseasRestrictionsshipTrump
ShareTweetShare
Previous Post

Intel plans to slash 25,000 jobs in 2025 as new CEO warns, ‘There are no more blank checks’

Next Post

16 Ways to Trick Yourself Into Better Financial Habits

Related Posts

edit post
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses

US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses

by TheAdviserMagazine
May 27, 2026
0

Rising healthcare and consumer stocks ​boosted the Dow Jones Industrial Average on Wednesday to a record closing high, while the...

edit post
Why AI is raising worker productivity but not making the economy more efficient

Why AI is raising worker productivity but not making the economy more efficient

by TheAdviserMagazine
May 27, 2026
0

Two curious things are happening to the economy in 2026. On one hand, economic expansion is still going strong despite...

edit post
Interest on the national debt is eating 19% of federal revenue — watchdog warns it will get worse

Interest on the national debt is eating 19% of federal revenue — watchdog warns it will get worse

by TheAdviserMagazine
May 27, 2026
0

The federal government already spends more on debt interest than on Medicaid, national defense, or all non-defense discretionary programs combined....

edit post
Lightricks perpares for another round of layoffs

Lightricks perpares for another round of layoffs

by TheAdviserMagazine
May 27, 2026
0

Jerusalem-based Lightricks, mainly known as the developer of the Facetune content editing app, which has more than 500 employees,...

edit post
Endeavour Group trims wine portfolio in cost-saving plan

Endeavour Group trims wine portfolio in cost-saving plan

by TheAdviserMagazine
May 27, 2026
0

Endeavour Group has unveiled a restructure of its Pinnacle Drinks business as it looks to cut costs and trim its...

edit post
Liberty Lifestyle: Reading Is Making a Comeback

Liberty Lifestyle: Reading Is Making a Comeback

by TheAdviserMagazine
May 27, 2026
0

Reading is making a comeback. This is a declarative statement supported by various surveys and trends indicating a real revival....

Next Post
edit post
Why You Should Never Mix Business With Family (Even Once)

Why You Should Never Mix Business With Family (Even Once)

edit post
SmartAsset calculates financial advisor’s value

SmartAsset calculates financial advisor's value

  • Trending
  • Comments
  • Latest
edit post
Supreme Court Delivers More Bad Redistricting News for Democrats

Supreme Court Delivers More Bad Redistricting News for Democrats

May 19, 2026
edit post
From Maine to Michigan, Democrats Are Making Communism Great Again

From Maine to Michigan, Democrats Are Making Communism Great Again

May 16, 2026
edit post
Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

May 3, 2026
edit post
Florida Warning: With Senior SNAP Benefits Averaging 8/Month, Thousands Risk Losing Assistance in 2026

Florida Warning: With Senior SNAP Benefits Averaging $188/Month, Thousands Risk Losing Assistance in 2026

April 27, 2026
edit post
Minnesota Wealth Tax | Intangible Personal Property Tax

Minnesota Wealth Tax | Intangible Personal Property Tax

May 6, 2026
edit post
It’s Time To Talk About Massie

It’s Time To Talk About Massie

May 23, 2026
edit post
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses

US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses

0
edit post
Why AI is raising worker productivity but not making the economy more efficient

Why AI is raising worker productivity but not making the economy more efficient

0
edit post
Salesforce (CRM) Q1 FY27 earnings beat estimates; revenue up 13%

Salesforce (CRM) Q1 FY27 earnings beat estimates; revenue up 13%

0
edit post
BCA blind spot as admin review backlog reaches six months

BCA blind spot as admin review backlog reaches six months

0
edit post
National Foster Care Month: Supporting Youth as They Transition to Adulthood | Social Security Matters

National Foster Care Month: Supporting Youth as They Transition to Adulthood | Social Security Matters

0
edit post
Teen Takeovers – Coming to a City Near You?

Teen Takeovers – Coming to a City Near You?

0
edit post
XRP Pushing To 0: The Market Cap Conversation Will Go Out The Window If This Happens

XRP Pushing To $100: The Market Cap Conversation Will Go Out The Window If This Happens

May 27, 2026
edit post
The Medicare “Benefit Boost” Claim Circulating on Facebook — and Why Experts Say Seniors Should Be Careful

The Medicare “Benefit Boost” Claim Circulating on Facebook — and Why Experts Say Seniors Should Be Careful

May 27, 2026
edit post
10 Healthcare Dividend Growth Stocks Poised For Exceptional Dividend Increases

10 Healthcare Dividend Growth Stocks Poised For Exceptional Dividend Increases

May 27, 2026
edit post
Salesforce (CRM) Q1 FY27 earnings beat estimates; revenue up 13%

Salesforce (CRM) Q1 FY27 earnings beat estimates; revenue up 13%

May 27, 2026
edit post
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses

US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses

May 27, 2026
edit post
Why AI is raising worker productivity but not making the economy more efficient

Why AI is raising worker productivity but not making the economy more efficient

May 27, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • XRP Pushing To $100: The Market Cap Conversation Will Go Out The Window If This Happens
  • The Medicare “Benefit Boost” Claim Circulating on Facebook — and Why Experts Say Seniors Should Be Careful
  • 10 Healthcare Dividend Growth Stocks Poised For Exceptional Dividend Increases
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.