The Office of the United States Trade Representative (USTR) has announced new tariff-rate quota limits for goods imported from Australia under the U.S.-Australia Free Trade Agreement for the year 2025. These limits specify how much of certain goods can enter the U.S. without facing higher tariffs. Beginning January 1, 2025, various products, including beef and other goods classified under specific subheadings in the Harmonized Tariff Schedule, have defined quantity limits. This notice clarifies the allowable quantities to ensure fair trade practices between the U.S. and Australia.
Simple Explanation
The government has set new rules for 2025 about how much stuff from Australia can come into the U.S. without higher costs, making sure trading is fair for everyone.