EPISODE · Nov 16, 2025 · 17 MIN
No Bull on Beef tariffs
from NAB Morning Call
Monday 17th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABPresident Trump announced a relaxing on beef tariffs, alongside other food produce, to tackle cost of living pressures for US shoppers. NAB’s Taylor Nugent says it’s not necessarily good news for Australian farmers because it potentially reduces our tariff advantage, which has seen a sizeable increase in Australia beef exports to the US this year.Meanwhile, the US data drought officially finishes on Thursday when September’s non-farm payrolls data is released. Fed speakers have been continuing to sound hawkish, opening the potential for no cut in December.Phil and Taylor also discuss how markets are reacting to the UK’s budget uncertainty, China’s activity data on Friday and what to look out for this week, including Australian wages data on Wednesday. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Monday 17th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABPresident Trump announced a relaxing on beef tariffs, alongside other food produce, to tackle cost of living pressures for US shoppers. NAB’s Taylor Nugent says it’s not necessarily good news for Australian farmers because it potentially reduces our tariff advantage, which has seen a sizeable increase in Australia beef exports to the US this year.Meanwhile, the US data drought officially finishes on Thursday when September’s non-farm payrolls data is released. Fed speakers have been continuing to sound hawkish, opening the potential for no cut in December.Phil and Taylor also discuss how markets are reacting to the UK’s budget uncertainty, China’s activity data on Friday and what to look out for this week, including Australian wages data on Wednesday. Hosted on Acast. See acast.com/privacy for more information.
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No Bull on Beef tariffs
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