Reported 4 months ago
China has lifted bans on five major Australian beef exporters, allowing them to resume trade immediately as part of efforts to normalize economic ties with Canberra. The move follows improved diplomatic relations and the majority of tariffs being lifted since the election of Australia's center-left Labor government in May 2022. This decision is expected to increase Australian beef exports to China and provide consumers with more options in the market, potentially impacting the dominance of South American beef.
Source: YAHOO