2017 tariff adjustments provide further export impetus for Australia

While Australian beef continues to struggle for competitiveness in international markets due to high cattle prices, shortage of slaughter stock and cost-to-operate in the processing sector, some further relief is being experienced in the latest round of tariff adjustments in key export customer countries. January 1 signalled another cycle of annual tariff and quota relaxations on red meat exports, in customer countries like Korea, China and the US where Free Trade Agreements are in action.  Reductions under the Japan-Australia FTA will take place a little later, from April 1, in line with the new Japanese financial year. The biggest comparative…

Source: Beef Central
2017 tariff adjustments provide further export impetus for Australia