US-Aussie dispute worries UK Practical implications for the UK and Continental lamb markets are not yet clear, but the sheepmeat dispute between the US and Australasian suppliers is beginning to worry traders here. Although the New Zealanders are trying to discourage talk of an escalating conflict, the US has rejected their offer of financial contributions to a proposed joint promotion campaign aimed at helping American producers allegedly hurt by cheap imports. Quotas and tariffs now seem inevitable. In principle these could prevent Australian and NZ suppliers using the underdeveloped American market as a safety valve to relieve any future pressure on traditional and almost saturated EU outlets. {{MEAT }}

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