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Tariff Talks 2025: Expana's Weekly Rundown #5
Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #5."
This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...
Tariff Talks 2025: Expana's Weekly Rundown #4
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #4."
Australia and New Zealand Red Meat Sectors React to 10% US Tariff
The US announced a new 10% tariff on Australian and New Zealand meat on Wednesday, April 2, putting an end to the countries' free trade agreement.
Australia will seek to negotiate to eliminate the tariff, prime minister Anthony Albanese said after the tariff announcement. "We will not join a race to the bottom that leads to higher prices and slower growth," he said.
Red Meat Advisory Council (RMAC) and the Meat & Livestock Australia (MLA) will be part of the negotiations, both organizations said...
ANALYSIS: New Zealand’s Jan 2025 Beef Exports Up 6.3% Y-o-Y on Solid US Demand
New Zealand’s January 2025 beef exports dropped 20.3% month-on-month (m-o-m) to 40,002 metric tons (mt), as shown in the latest Stats NZ data.
Falling by 10,161 mt, volumes were curtailed primarily due to the shorter working month as the country observed the Christmas and New Year festivities. Outbound shipments declined across all key markets. Annually, exports grew 6.3% (+2,369 mt), fueled by healthy demand from the US and Canada. However, shipme
ANALYSIS: Peak Season Lifts New Zealand’s Nov 2024 Beef Exports 39.4% M-o-M to 38,576 mt
New Zealand’s November 2024 beef exports rebounded a whopping 39.4% month-on-month (m-o-m) to 38,576 metric tonnes (mt), according to the latest Stats NZ data.
Increasing by 10,907 mt from October 2024’s five-month decline, the key driver was increased production as New Zealand exits from its off season. In line with seasonal output trends, the higher tonnage saw high volumes shipped to all key destinations such as the United States (US), China, Japan and Korea...
ANALYSIS: China Set to Trigger Safeguard Mechanism on Australian Beef Imports for the 5th Time
Australian beef imports into China may soon face a 12.0% Most-Favoured Nation (MFN) tariff rate, as the Special Agricultural Safeguard (SSG) mechanism is set to trigger for the fifth time.
Following previous activations in 2018, 2019, 2020, and 2023, this tariff applies for the remainer of the year if imports from Australia exceed 178,418 mt in 2024.
Based on the data from the General Administration of Customs of the People's Republic of China, imports from Australia at the end of July...
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ANALYSIS: Japan’s Q1 2025 Beef Imports Slump 17.5% to 92,915 mt