Simon Quilty, an independent meat and livestock expert, used the example of a playing technique in basketball to state how if the United States ‘Full court press’ trade agreement strategies end up working, the consequences for Australian beef exports would be dire as they will no longer have the market benefits they used to have, in terms of cost and amount.
Little or no changes have been observed by Australia in spite of the agreements reached this week at the Osaka G20 meetings. In most markets, the U.S. continues to be a destructive rival of Australian being, while simultaneously being a chief beef client.
When questioned about how much his trade programs had damaged age-old associations, Donald Trump stated how he believed Australia had benefitted in trade under his presidency. I, personally, do not see eye-to-eye with Mr. Trump regarding this issue at all.
In basketball, the ‘Full court press’ tactic is one that puts force on the rival team, along the whole basketball court. Every player marks each man on the rival team and switches basketball’s conventional half-court area defense with an offensive full-court tactic. This results in the game becoming much faster than its usual pace, succeeding in throwing the opposing team off their game. It can pave way for upsetting outcomes most times.
I believe this is the closest explanation of how the United States is carrying out its trade agreements worldwide, and their probable effect on the trade of beef. The trade talks by the Trump administration in the trade of beef is very similar to putting, on Australia, the ‘Full court press.’ Similarly, pressure of the trade talks is being applied to China, the EU, Korea, Japan, etc. All of these are chief export industries shared with Australia.
According to the scoreboard, the United States appears to be succeeding.