Explore the latest developments concerning Why are beef.
Why are beef prices going up? What to know as politicians beef over cattle production
As Republicans and President Donald Trump continue beefing over the price of beef, the president recently decided to quadruple the number of imported cattle cuts from Argentina in an effort to lower prices.
This week, the president said U.S. cattle ranchers benefit from tariffs he imposed on imports, but prices must go down to encourage Americans to purchase their products, according to Reuters.
Trump’s suggestion did not go over well with U.S. ranchers.
“If President Trump is truly an ally of America’s cattle producers, we call on him to abandon this effort to manipulate markets,” said the National Cattlemen's Beef Association’s CEO Colin Woodall in a Wednesday statement.
Steakhouses chop portions and raise prices as cost of beef surges
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US beef prices are soaring. Will Trump's plans lower them?
Beef prices have gotten so high in the US that it has become a political problem.
Even US President Donald Trump, who long ago declared inflation "dead", is talking about it, as the issue threatens to undercut his promises to bring down grocery prices for Americans.
This week, he took to social media, urging ranchers to lower prices for their cattle.
But his demand – and other proposals his administration has floated to address the issue – has sparked a backlash among ranchers, who worry some of his solutions will make it harder for them to make a living, while making little dent at the grocery store.