White House Cuts Beef Import Barriers as Ground Beef Prices Hit $6.70 a Pound
Updated
Updated · POLITICO · May 11
White House Cuts Beef Import Barriers as Ground Beef Prices Hit $6.70 a Pound
5 articles · Updated · POLITICO · May 11
$6.70-a-pound ground beef has pushed the White House to prepare executive actions lowering beef import barriers and adding deregulatory steps to ease U.S. prices.
Nearly 21% price growth since Trump took office reflects tight supply from strong demand, drought, a smaller national herd and a halt to livestock imports from Mexico over New World screwworm fears.
The administration is also weighing measures to cushion ranchers, a key Trump constituency that has benefited from higher prices and previously protested plans to expand imports.
Argentina already became a test case after the White House more than quadrupled import levels last fall, while limiting eligible beef and setting an end date to blunt industry backlash.
With the U.S. cattle herd at a 75-year low, can tariff cuts alone solve the beef price crisis?
Beyond tariffs, who really controls the price you pay for beef at the supermarket?