Protect American Beef Act.

HR 2393, the Protect American Beef Act, authorizes the President to impose a 70% tariff on Australian Wagyu beef, semen, and embryos to counter Australia's competitive advantage. This would offset Australia's 35% currency discount and address the 63,000 metric ton annual import quota that has allowed Australia to capture 48% of the U.S. Wagyu market. The bill directly affects American Wagyu producers, including over 1,800 members of the American Wagyu Association, who face market share losses to subsidized Australian imports. Key provisions include requiring the President to match Australia's tariff or nontariff barriers and allowing adjustments if Australia increases its duties further. The legislation aims to create a competitive balance without mandating immediate tariff implementation.