Australian cattle farmers could be the major winner, as the Trump administration announces cuts to a key tariff.

He did not say which countries would be exporting the beef, but that there was a commitment to sell it at 25 per cent below market prices.

Jump to contentAllNewsSportCultureLifestyleCattle are herded in a stable on June 05, 2026 in Hamilton, Texas (Getty)President Donald Trump has announced a deal to import up to…