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Protecting American Wagyu Beef: Tariffs and Trade Agreements

This bill aims to protect American Wagyu beef producers by imposing a duty on imported Australian Wagyu beef. The goal is to level the playing field and ensure fair competition, which could impact the price and availability of Wagyu beef for U.S. consumers.
Key points
Imposing a 70% tariff on Wagyu meat, semen, and embryos imported from Australia to offset Australia's price advantage.
Authorizing the President to negotiate reciprocal trade agreements with Australia to reduce tariffs and trade barriers on Wagyu beef.
The objective is to support American Wagyu ranchers and increase their market share, potentially affecting product variety and prices for consumers.
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Status: Introduced
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Additional Information
Print number: 119_HR_2393
Sponsor: Rep. Stutzman, Marlin A. [R-IN-3]
Process start date: 2025-03-26