Budget
Food and fibre get millions to fend off Trump tariffs
As Australia’s red meat and wine sectors face the threat of US tariffs, the federal government has stepped in to protect the nation’s lucrative export industry. The Labor government has set aside $6.8 million in the federal budget to maintain international market access for agricultural goods over the next year. The funding will help Australian officials contribute to global fair trade standards and ensure the smooth flow of goods, according to the 2025/26 budget papers.
