Trump signs proclamation increasing Argentine beef imports

U.S. President Donald Trump on Friday signed a proclamation to hike the nation’s low-tariff imports of Argentine beef, although economists have stated the try to decrease prices for American shoppers will possible have little affect on costs.

A White Home official stated in October that Trump would make such a transfer, evoking fury from the nation’s cattle ranchers.

Trump has confronted strain to deal with the difficulty of affordability, which helped propel Democratic candidates to a number of electoral victories in 2025.

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U.S. beef costs set file highs final yr, benefiting ranchers who largely supported Trump, as a result of sturdy client demand and declining cattle provides.

Ranchers slashed the herd to its lowest level in 75 years as of January 1 following a persistent drought that burned up pastures used for grazing and hiked feeding prices, in line with U.S. information.

Unlikely to considerably decrease beef prices

Trump’s choice to boost the tariff fee quota on Argentine beef by 80,000 metric tons will let Argentina ship extra of its beef to the U.S. at a decrease fee of obligation. The rise will apply solely to lean beef trimmings, that are blended with home provides to make hamburger meat, in line with the proclamation.

“As a substitute of imports that sideline American ranchers, we ought to be targeted on options that reduce crimson tape, decrease manufacturing prices, and help rising our cattle herd,” stated Republican U.S. Senator Deb Fischer of Nebraska, a serious cattle-producing state.

Washington and Buenos Aires signed a broader new commerce and funding settlement that may give preferential market entry to U.S. items in Argentina.

Economists have stated elevated U.S. imports of Argentine beef will possible be too small to considerably decrease prices for grocery retailer buyers, however the shipments may assist enhance margins for meals firms.

The U.S. imported about 33,000 metric tons of Argentine beef in 2024, representing two per cent of complete imports, in line with authorities information.

— Reporting by Tom Polansek, Ismail Shakil and Bhargav Acharya