AS GRAZIERS in outback Queensland come to terms with astronomical stock loss, a Trump-led US has announced a 10 percent tariff on Australian beef.

American president Donald Trump has wasted no time making good on promises made before entering a second term in the top job.

He has applied a raft of tariffs to multiple sectors and said access to the American market was a privilege.

Last week he announced a blanket tariff of 10 percent on all goods exported to the US.

Aussie beef according to President Trump’s latest edict, will attract a 10 percent t.

In a statement, Donald Trump said, “Australia … they’re wonderful people, and wonderful everything, but they ban American beef. Yet we imported $3bn of Australian beef from them just last year alone. They won’t take any of our beef. They don’t want it because they don’t want it to affect their farmers and, you know, I don’t blame them but we’re doing the same thing, right now starting at midnight tonight, I would say.”

US beef is not banned in Australia but the import is subject to a number of provisions dating back to 2003, when there were cases of mad cow disease in the US.