Trump announces temporary tariff relief on ground beef imports
- On Friday, President Donald Trump announced a 90-day waiver allowing up to 300,000 metric tons of imported ground beef into the United States, with a commitment to sell the beef at 25 percent below current market prices.
- According to the Department of Labor, the beef and veal index rose 9.4 percent over the last 12 months as United States cattle numbers fell to 86.2 million, the smallest in 75 years.
- NCBA Chief Executive Officer Colin Woodall wrote the group is "disappointed" in the news, warning that flooding the market with government-subsidized beef harms farmers and ranchers rather than rebuilding the cattle herd.
- Senator Tim Sheehy of Montana advised against the plan, arguing it harms domestic ranchers, while The White House did not respond to queries about the source of imported beef or price control commitments.
- Ahead of this year's midterm elections, the administration is targeting affordability 19 months into Trump's second term, though Democrats currently hold polling leads over Republicans in key races.
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The US President wants to make beef minced meat cheaper in the US. However, the planned implementation is met with massive resistance. Donald Trump interprets the criticism as confirmation of his plans.
Before the congressional elections in November, Trump is bouncing for the favor of US consumers. The US President wants to cut the high beef prices by 25 percent with duty-free imports by hand. For this, the anger of cattle farmers is now beating him against it.
Trump Announces Deal to ‘Substantially Lower the Price of Ground Beef’ * The Gateway Pundit * by Johnathan Jones, The Western Journal
President Donald Trump on Friday announced a deal aimed at lowering the price of ground beef for American shoppers by easing beef tariffs to import more from…
President Trump Lifts Tariff Quota on Imported Beef for 90 Days to Relieve Price Stress
President Donald Trump announced today that import quotas on beef will be lifted for a period of 90-days in an effort to remove pricing stress on cattle and give U.S. ranchers an opportunity to restore herd head count. The short-term effort is directed to lower consumer prices, while in the longer term the U.S. cattle […]
By Kit Maher, CNN President Donald Trump this Friday defended his decision to temporarily suspend tariffs on imported beef, despite criticisms from some farmers in the United States, and gave no sign that he planned to reverse the measure.“We want to lower beef prices, so The post Trump defends the suspension of beef tariffs despite criticism from U.S. farmers appeared first on KVIA.
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