As expected, the US has launched a safeguard investigation into lamb imports, a move that could impact New Zealand sheepmeat returns. The US Trade Representative has formally requested the International Trade Commission launch a safeguard investigation into US lamb imports. New Zealand lamb earns an average of $21.99 per kilogram in the US, compared to New Zealand's global average of $14/kg. "New Zealand lamb complements US production rather than competes with it, filling supply gaps and occupying a distinct place in the market. We maintain that any action targeting New Zealand lamb is unjustified."