Trump's Beef Import Strategy Sparks Backlash from U.S. Ranchers
President Donald Trump’s moves to allow foreign beef to flood domestic markets in an attempt to lower prices may have been a losing bet.
Trump is still facing backlash from U.S. ranchers and some Republicans over his decision to allow the importing of roughly 600 million pounds of foreign-supplied beef, POLITICO reported Friday. The move comes after beef prices rose to $6.92 per pound in August, up from the January 2025 average of $5.55 per pound. (RELATED: Ranchers Say Beef Market Has ‘Been Hell’ As Trump Announces Plan To Try And Help)
“President Trump has done more for American agriculture than anyone by negotiating new trade deals, expanding foreign market access, lowering input costs, bolstering the farm safety net, doubling the death tax exemption, ending taxes on rural property loan interest, creating rural opportunity zones, and more,” White House spokeswoman Anna Kelly told the Daily Caller News Foundation. “At the same time, he is delivering on his promise to consumers by reducing beef prices while allowing our American beef herd to grow. The President will continue taking actions to support our great farmers while driving economic prosperity for all Americans.”