{"id":22453,"date":"2022-07-21T08:35:08","date_gmt":"2022-07-21T00:35:08","guid":{"rendered":"https:\/\/www.aplf.com\/2022\/07\/21\/international-trade-korean-tariff-suspension-presents-opportunity-for-australian-beef\/"},"modified":"2022-07-21T08:35:13","modified_gmt":"2022-07-21T00:35:13","slug":"international-trade-korean-tariff-suspension-presents-opportunity-for-australian-beef","status":"publish","type":"post","link":"https:\/\/www.aplf.com\/zh-hant\/2022\/07\/21\/international-trade-korean-tariff-suspension-presents-opportunity-for-australian-beef\/","title":{"rendered":"International Trade – Korean tariff suspension presents opportunity for Australian beef"},"content":{"rendered":"\t\t
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International Trade - Korean tariff suspension presents opportunity for Australian beef<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tAfter the South Korean government announced a suspension of import tariffs, Meat and Livestock Australia (MLA) has identified an opportunity for Australian beef, reports ILM<\/a>.\r\n\r\n\"\"\r\n\r\nSouth Korean President Yoon Suk-Yeol announced that tariffs would be suspended for 100,000 tones of imported beef from July 20 until the end of 2022.\r\n\r\nMLA noted that, as the U.S. currently faces lower tariff rates than Australia, this presents a significant opportunity for Australia exporters, especially given that South Korea was the country\u2019s second-largest beef export destination in 2021, growing by 5% year-on-year.\r\n\r\nAustralia\u2019s current tariff rate for exports to South Korea is 16%, while the U.S. holds a 10.6% rate. However, other exporters included the Mercosur trade block in South America, face a 40% tariff.\r\n\r\nThe move from South Korea comes as part of efforts to combat rising inflation, which is currently at 6% in South Korea while the Won trends down against the US$.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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21 Jul 2022 International Trade – Korean tariff s… \u95b1\u8b80\u5168\u6587 International Trade – Korean tariff suspension presents opportunity for Australian beef<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-22453","post","type-post","status-publish","format-standard","hentry","category-industry-news-tc","entry"],"yoast_head":"\nInternational Trade - Korean tariff suspension presents opportunity for Australian beef - APLF Limited<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aplf.com\/zh-hant\/2022\/07\/21\/international-trade-korean-tariff-suspension-presents-opportunity-for-australian-beef\/\" \/>\n<meta property=\"og:locale\" content=\"zh_TW\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"International Trade - 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