Trump defends tariffs to cattle ranchers, calls for lower prices
- President Donald Trump said on Sunday he is `thinking about doing` a deal to buy beef from Argentina, adding `If we do that, that will bring our beef prices down`.
- Trump highlighted the 50% tariff he imposed in early August on imports from Brazil, while the U.S. Bureau of Labor Statistics reported beef prices have risen since last year, some by double digits.
- He told reporters ranchers `don't understand` their tariff benefits and said they `have to get their prices down`; ranchers like Duke Phillips III at Chico Basin Ranch illustrate the industry at stake.
- The National Cattlemen's Beef Association said Monday that `This plan only creates chaos at a critical time of the year for American cattle producers, while doing nothing to lower grocery store prices,' Colin Woodall said in the release.
- Trump repeated his claim that without tariffs, ranchers `would be doing just as they've done for the past 20 years,' while Republican senators oppose Argentine beef amid rising prices since last year, per the U.S. Bureau of Labor Statistics.
75 Articles
75 Articles
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National Cattlemen's Beef Association has issued a blistering response to President Donald Trump's comments about American cattle ranchers.Trump on Wednesday said, "The Cattle Ranchers, who I love, don’t understand that the only reason they are doing so well, for the first time in decades, is becaus...
Trump To Cattle Ranchers: You're Too Stupid To Understand My Tariffs
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