Trump's Beef Battle: A Tug-of-War Over U.S. Cattle Prices

Donald Trump's administration is pushing to reduce beef prices as high tariffs bolster cattle ranchers. The consideration of Argentine imports stirs rancher anger. Government plans aim to expand U.S. cattle supply, but economists doubt quick fixes due to complex industry dynamics. Prices surged following reduced imports from Brazil.

In a move to tackle soaring beef prices, U.S. President Donald Trump's administration is actively urging American cattle ranchers to reduce costs, even as government agencies outline plans to rejuvenate the nation's cattle herd.

This push involves a controversial contemplation of Argentine beef imports, which has upset U.S. ranchers already facing competition from Argentina in international soybean markets.

Economic experts, however, highlight the challenges in swiftly moderating cattle prices, citing extended production timelines and current market dynamics bolstered by Trump's import tariffs, particularly affecting Brazilian beef supplies.

(With inputs from agencies.)