MSNBC - Cattle producers are shocked — betrayed, even. How could Donald Trump sell them out just as they’re finally making good profits on their beef? Doesn’t he love farmers and ranchers and everyone in rural America? In recent days, the president has made clear the answer — his feelings toward ranchers aren’t “love.”
Last week, the president floated the idea of buying more beef from Argentina, and within days the administration released a plan to quadruple Argentinian beef imports. The goal, Trump said, was to “bring our beef prices down,” but the plan neatly dovetails with Trump and Treasury Secretary Scott Bessent’s efforts to boost the political fortunes of Trump ally Javier Milei, the president of Argentina, an effort that includes $40 billion in financial assistance to bail out Argentina’s financial markets.
Everyone who buys beef has noticed how dramatically prices have risen in the last few years.
Not surprisingly, America’s cattle ranchers didn’t react too well; some recorded videos from their ranches, saying that even though they love Trump, this plan will hurt them at a critical moment for their industry. Even some Republicans from farm states, so wary of crossing the president on anything, have raised objections.
1 comment:
(“Fool me twice…”)
Post a Comment