BUSINESS

The U.S. plans to boost Argentine beef imports, angering American ranchers : NPR

U.S. cattle ranchers pushed back after President Trump suggested importing more Argentine beef to ease soaring prices, and the White House confirmed plans to quadruple the tariff-rate quota. For Oklahoma rancher Destinee Weeks, newly profitable after a decade, the proposal felt like a slap to rural America. Trump defended the move and his tariffs, while USDA rolled out measures to support producers. The United States Cattlemen’s Association warned the deal could undercut the industry, and a Texas A&M economist said Argentina likely lacks the supply to make a noticeable impact on U.S. prices.

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