Washington | US retail giant Walmart has warned the Trump administration against slapping tariffs on $1.6 billion in annual Australian lamb imports, arguing that penalising foreign supply will punish consumers rather than rescue struggling domestic producers.
In a submission ahead of a pivotal US International Trade Commission ruling due on Friday, the world’s biggest retailer disputed US producers’ claims of injury from imports, warning trade barriers would severely disrupt supply chains and impede Americans’ small but growing taste for cutlets and racks.
Gift articles to anyone you choose each month when you subscribe.