Todd McClay

Yeah, that's right.

Look, I expect it's probably going to be launched over the next week or two.

The US has said they will give us a firm heads up so that we can be very well prepared.

But as you just said in the introduction, this is just part of the US looking at how they put that tariff wall back in place because, you know, the US Supreme Court found that what they'd done was illegal.

So we're expecting an investigation.

I don't think there will be any tariffs anytime soon.

It probably will take some time to work through, but it is just another bit of understanding

uncertainty for New Zealand exporters into the US market.

No, the way that he's doing it is based upon increase of exports and lamb from Australia and New Zealand.

The ironic thing is that actually our exports have brought the price up for lamb and at the same time

And what they're doing is there's a lot more consumption.

So it helps U.S.

sheep producers.

But they'll go through the process and we'll see.

It's not a very large volume of lamb that goes in there in the scheme of things.

But, you know, the president does what the president does.

They don't need lamb, and that's a bit of the point where it's probably easy to put some sort of sanction on if they want to.

But the point here is that lamb consumption in the U.S.

has gone up considerably as a result of the marketing efforts of New Zealand and Australia, and the price goes up with it.

So this is good for U.S.