The imposition of tariffs by the Trump Administration is anticipated by NSW Farmers Association to affect Australian farmers and American consumers.

NSW Farmers expressed disappointment over the 10 percent tariff on Australian exports but remains optimistic that this trade challenge can be resolved.

NSW Farmers President Xavier Martin emphasized the long-standing and mutually beneficial relationship between Australia and the US, making the tariffs particularly disheartening for Australian farmers.

The agricultural industry in Australia is expected to feel the consequences of these tariffs, with varying impacts across different commodities.

The Red Meat Advisory Council (RMAC) highlighted the significant role of Australian beef in maintaining stable food supplies and prices in the United States, noting that it is used in over six billion hamburgers annually.

RMAC estimated that the tariffs on Australian red meat could cost American consumers AU$600 million.

NSW Farmers is actively collaborating with the Australian Government through the National Farmers’ Federation to advocate for free and open trade.

Mr. Martin argued against a retaliatory approach with the US, stating that it would be unproductive.

He pointed out the strong demand for high-quality Australian produce in major markets such as China ($3.9 billion), Japan ($2.6 billion), and Korea ($2.5 billion), along with promising growth opportunities in the Middle East and North Africa.

In the short term, these tariffs may necessitate Australia focusing on investing in these alternative market opportunities, while Australian farmers continue their agricultural production.