The Trump White House slapped tariffs on Australia based on the argument that American ranchers are being blocked from selling their beef here by unfair rules related to mad cow disease.
Wrong, say local producers. American exporters are not banned from selling meat in Australia – they just want to charge too much for it to be competitive with the local product.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.