In Effort to Boost Affordability, Trump Signs Proclamation Importing Foreign Beef
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President Donald Trump signed a proclamation Wednesday afternoon to increase foreign imports of beef in an effort to lower beef prices ahead of midterms.
Trump is temporarily removing tariffs from 300,000 metric tons of imported lean beef trimmings for 90 days. According to the proclamation, the countries supplying the beef would sell it at 25% below current market prices.
The move drew criticism from lawmakers, agriculture groups, and cattle producers, who fear it will hurt farmers and re
Trump is temporarily removing tariffs from 300,000 metric tons of imported lean beef trimmings for 90 days. According to the proclamation, the countries supplying the beef would sell it at 25% below current market prices.
The move drew criticism from lawmakers, agriculture groups, and cattle producers, who fear it will hurt farmers and re
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