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US-Argentina Trade Deal Cuts Tariffs, Boosts Beef Quota

The U.S. expanded Argentine beef imports to 100,000 metric tons in 2026 to lower domestic prices amid record-high ground beef costs, per White House data.

  • President Donald Trump signed a proclamation on February 6, allowing an additional 80,000 metric tons of Argentinian beef to be imported tariff-free into the U.S. annually as part of a trade deal, according to a White House fact sheet.
  • Argentina's foreign ministry stated that this move will increase its preferential beef access from 20,000 tons, amounting to $800 million in increased exports to the U.S.
  • Ground beef prices hit $6.69 per pound, the highest since the 1980s, highlighting efforts to ensure affordability for American families.
  • The National Cattleman's Beef Association criticized the increase in Argentinian beef imports, claiming it harms American cattlemen and women.
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Reuters broke the news in United Kingdom on Wednesday, February 4, 2026.
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