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President Trump signed an executive order to boost beef imports from Argentina in a move that aims to lower soaring ground beef and steak prices for consumers.
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According to the USDA’s latest cattle inventory report, beef cow inventory is at it’s lowest in Nebraska since 1960. That reality was the inspiration behind a deal signed by President Trump last week to import an extra $800 million of beef from Argentina to the United States over 2026.
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President Trump signed an executive order Friday that increases the amount of beef imported into the U.S. from Argentina.
By Tom Polansek Feb 6 (Reuters) - U.S. President Donald Trump on Friday signed a proclamation to hike the country's low-tariff imports of Argentine beef, though economists have said the attempt to lower costs for American consumers will likely have little impact on prices.
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The order did not specify the rate that could be imposed, but used 25% as an example.