How tariffs impact the Kansas beef market
KANSAS (KSNT) - President Donald Trump imposed a 10% tariff on Australian goods on Thursday, a move that K-State Agricultural Economics Professor Glynn Tonsor says could make ground beef less available and more expensive.
Australia's largest export market for the last 25 years has been the U.S., according to the United States Studies Center. It reported that in 2024, the U.S. accounted for 30.7% of Australia's beef exports.
Tonsor said a major purpose of importing Australian...