President Donald Trump has reversed tariffs on beef, which is Australia's largest export to the United States. He signed an executive order that exempts a variety of foods from the previously imposed tariffs, with beef at the top of the list. Australia exports over $2 billion worth of beef to the U.S. annually.

The executive order is retroactive, meaning that importers will receive refunds for the duties they have already paid. In addition to beef, the exemption includes tomatoes, coffee, bananas, and several types of tropical fruit that are not typically grown in the U.S. This decision appears to be a response to rising cost-of-living concerns in America.

Trump faces increasing pressure as inflation has become a focal point of his election campaign. Since he took office, prices for many everyday items have risen significantly. Senior House Democrat Richard Neal criticized the move, stating it is like "putting out a fire that they started and claiming it as progress." He added, "The Trump Administration is finally admitting publicly what we've all known from the start: Trump's Trade War is hiking costs on people. Every day that Trump's tariffs remain in place is another day that families, small businesses, farms, and manufacturers get crushed. It's time to end the entire Trade War and for House Republicans to let Congress restore its rightful authority."

Despite the tariffs, Australian beef exports to the U.S. have increased in 2025. This growth is attributed to a decline in beef production in the U.S. and significantly higher tariffs on other beef-exporting countries like Brazil. American cattle herds are currently at their lowest levels since the 1950s, while wetter seasons in Australia have allowed local farmers to expand production.

The list of tariff-exempt imports also includes coal, petroleum products, uranium, and various chemicals.

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