Tasmanian farmers lose meat contracts as world reacts to Trump tariffs

Tasmanian farmers lose meat contracts as world reacts to Trump tariffs

US tariffs on Australian beef has already impacted Tasmanian farmers. TFGA boss Ian Sauer says JBS has cancelled forward contracts for King Island farmers,

World leaders reacted in unison to Trump’s announced tariffs that could shake the global economy

Following US President Donald Trump’s tariff announcements, the world is preparing for a fundamental change in the multilateral model and globalization of trade, which has prevailed over the last 70 years. Canada’s Prime Minister Mark Carney said his country will retaliate. Trump did not include Canada in his list of reciprocal tariffs. Carney said that those that he already applies to steel and aluminum will be followed by others. For his part,…