Risk of higher US tariffs looms despite beef deal
Australia’s movement to lift restrictions on the US beef is unlikely that the dial will shift to tariff negotiations, as the country’s products face the possibility of more steep tasks.
The Albanian government will allow the United States to reach the beef meat in Canada or Mexico, but after a security investigation.
Australia is a 10 percent tariff base implemented by the Trump administration and draws attention to trade negotiations of other countries.
AMP Chief economist Shane Oliver said Donald Trump’s higher tariffs may include the country’s export.
“The risk for Australia is that we can be lucky to be lucky to be able to withstand 10 percent, which may actually be higher,” AAP said.
“This can help us to rely on 10 percent or avoid a worse result, but I don’t think it is a guarantee.”
American beef was banned after about twenty years ago after crazy cow’s disease erupted.
Mr. Trump, as part of the US President’s deepened trade war, put pressure on the government to alleviate restrictions because he claimed the exemption of tariffs.
Former US Ambassador Arthur Sinodinos said that the biogugree investigations may take some time to conclude, it is a “logical result”.
“The difficulty here does not seem to prepare a package agreement,” he said.
“If we want to gather a general trade with the US, it would be better if there was a package approach to it.”
Katie Mcrobert, Executive Director of the Australian Farm Institute, said that the cattle industry is “extremely tense ından about biogugur -traceability from different parts of the northern and South American regions.
“We do not expect a significant impact on the potential of importing American beef on Australian manufacturers… Because we produce more beef than we can eat in Australia,” he said.
Trade Minister Don Farrell said that after the last meeting with US Trade Representative Jamieson Greer on the sides of an OECD ministry meeting in Paris in June, he did not hold any meeting with American colleagues.
Senator Farrell said Mr. Greer did not express his concerns of beef at this meeting.
“We believe that America should remove these tariffs in Australia, and there is no reason for the US to apply tariffs to Australia,” he said.
“We have a free trade agreement, this agreement clearly demonstrates that this is a uniform regulation.”
Senator Farrell also rejected that the movement was to create a bargaining chip.
The Philippines and Japan have recently made agreements with the US to reduce tariff rates, but both are still above the 10 percent base line.
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