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Beef Prices Could Remain High Even as Trump Removes some Tariffs
Renewed tariffs, visa restrictions, and reduced subsidies are squeezing U.S. farmers, with exports down 40%-50% and competition from Brazil and Argentina increasing.
- Earlier this month, President Donald Trump’s administration enacted policies reshaping the farm economy, cutting into U.S. farmers’ livelihoods with tariffs, visa restrictions, subsidy cuts, and perceived favoritism toward Brazil and Argentina.
- Trade retaliation and reciprocal tariffs between the U.S. and China have realigned buyers as Beijing suspended import licenses for several major U.S. soybean exporters and signed long-term contracts with Brazil and Argentina, shrinking demand from 30 million to 36 million metric tons annually.
- Roughly 42% of U.S. crop workers lack legal status, and many farm employers rely more on the H-2A guest-worker program, which has quadrupled in size over the past decade.
- Treasury’s policy freeze recently halted rural renewable investments, wiping out a growth engine while the U.S. Treasury approved a $20 billion swap with Argentina as USDA relief funds dwindle.
- Political loyalty among farmers is being tested as prices remain roughly 40% to 50% below pre-2018 levels and U.S. soybean farmers store record unsold soybeans.
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46 Articles
Coverage Details
Total News Sources46
Leaning Left6Leaning Right13Center6Last UpdatedBias Distribution52% Right
Bias Distribution
- 52% of the sources lean Right
52% Right
L 24%
C 24%
R 52%
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