Despite President Donald Trump's assertion that the U.S. will sell "so much" beef to Australia, economists and traders say supply shortages and record-high prices make major exports unrealistic.
What Happened: On Thursday, Australia eased longstanding biosecurity restrictions on U.S. beef imports, prompting Trump to declare on Truth Social, "We are going to sell so much to Australia because this is undeniable and irrefutable proof that U.S. Beef is the safest and best in the entire world."
