The post Trump Fires Back At Cattle Ranchers After They Rebuke Idea To Import Argentinian Beef appeared on BitcoinEthereumNews.com. Topline President Donald Trump rebuked cattle ranchers after they criticized his idea to import Argentinian beef, writing on Truth Social on Wednesday they “don’t understand” his policies—as the proposal has prompted criticism from Republican lawmakers in farm states while consumers face record-high beef prices. President Donald Trump looks on during an event celebrating Diwali in the Oval Office of the White House on October 21, 2025 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Getty Images Key Facts Trump lauded his tariffs as being good for cattle ranchers, while saying those who have criticized him “don’t understand” his trade policies. Trump added, “it would be nice if they would understand that, but they also have to get their prices down, because the consumer is a very big factor in my thinking, also!” The price of ground beef is at a record high, reaching $6.32 per pound in August, according to the Labor Department, amid a decline in consumer demand and a thinning livestock herd. Trump’s comments come after ranchers and GOP lawmakers in farm states who rebuked his proposal to import Argentinian beef over concerns it would hurt American ranchers. Trump on Sunday framed the idea, in part, as a way to help Argentina’s struggling economy ahead of a consequential election for his close ally, President Javier Milei. Crucial Quote “This plan only creates chaos at a critical time of the year for American cattle producers, while doing nothing to lower grocery store prices,” National Cattleman’s Beef Association CEO Colin Woodall said in a statement Monday. Chief Critics Several Republican lawmakers criticized Trump’s proposal, including Sens. Deb Fischer, R-Neb., Joni Ernst, R-Iowa, Jerry Moran, R-Kan., Tommy Tuberville, R-Ala., and Rep. Marjorie Taylor Greene, R-Ga., Politico reported. “Bottom line: if the goal is addressing beef prices at the grocery store, this… The post Trump Fires Back At Cattle Ranchers After They Rebuke Idea To Import Argentinian Beef appeared on BitcoinEthereumNews.com. Topline President Donald Trump rebuked cattle ranchers after they criticized his idea to import Argentinian beef, writing on Truth Social on Wednesday they “don’t understand” his policies—as the proposal has prompted criticism from Republican lawmakers in farm states while consumers face record-high beef prices. President Donald Trump looks on during an event celebrating Diwali in the Oval Office of the White House on October 21, 2025 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Getty Images Key Facts Trump lauded his tariffs as being good for cattle ranchers, while saying those who have criticized him “don’t understand” his trade policies. Trump added, “it would be nice if they would understand that, but they also have to get their prices down, because the consumer is a very big factor in my thinking, also!” The price of ground beef is at a record high, reaching $6.32 per pound in August, according to the Labor Department, amid a decline in consumer demand and a thinning livestock herd. Trump’s comments come after ranchers and GOP lawmakers in farm states who rebuked his proposal to import Argentinian beef over concerns it would hurt American ranchers. Trump on Sunday framed the idea, in part, as a way to help Argentina’s struggling economy ahead of a consequential election for his close ally, President Javier Milei. Crucial Quote “This plan only creates chaos at a critical time of the year for American cattle producers, while doing nothing to lower grocery store prices,” National Cattleman’s Beef Association CEO Colin Woodall said in a statement Monday. Chief Critics Several Republican lawmakers criticized Trump’s proposal, including Sens. Deb Fischer, R-Neb., Joni Ernst, R-Iowa, Jerry Moran, R-Kan., Tommy Tuberville, R-Ala., and Rep. Marjorie Taylor Greene, R-Ga., Politico reported. “Bottom line: if the goal is addressing beef prices at the grocery store, this…

Trump Fires Back At Cattle Ranchers After They Rebuke Idea To Import Argentinian Beef

2025/10/23 05:07

Topline

President Donald Trump rebuked cattle ranchers after they criticized his idea to import Argentinian beef, writing on Truth Social on Wednesday they “don’t understand” his policies—as the proposal has prompted criticism from Republican lawmakers in farm states while consumers face record-high beef prices.

President Donald Trump looks on during an event celebrating Diwali in the Oval Office of the White House on October 21, 2025 in Washington, DC. (Photo by Anna Moneymaker/Getty Images)

Getty Images

Key Facts

Trump lauded his tariffs as being good for cattle ranchers, while saying those who have criticized him “don’t understand” his trade policies.

Trump added, “it would be nice if they would understand that, but they also have to get their prices down, because the consumer is a very big factor in my thinking, also!”

The price of ground beef is at a record high, reaching $6.32 per pound in August, according to the Labor Department, amid a decline in consumer demand and a thinning livestock herd.

Trump’s comments come after ranchers and GOP lawmakers in farm states who rebuked his proposal to import Argentinian beef over concerns it would hurt American ranchers.

Trump on Sunday framed the idea, in part, as a way to help Argentina’s struggling economy ahead of a consequential election for his close ally, President Javier Milei.

Crucial Quote

“This plan only creates chaos at a critical time of the year for American cattle producers, while doing nothing to lower grocery store prices,” National Cattleman’s Beef Association CEO Colin Woodall said in a statement Monday.

Chief Critics

Several Republican lawmakers criticized Trump’s proposal, including Sens. Deb Fischer, R-Neb., Joni Ernst, R-Iowa, Jerry Moran, R-Kan., Tommy Tuberville, R-Ala., and Rep. Marjorie Taylor Greene, R-Ga., Politico reported. “Bottom line: if the goal is addressing beef prices at the grocery store, this isn’t the way,” Fischer said in a statement. “Right now, government intervention in the beef market will hurt our cattle ranchers. Nebraska’s ranchers cannot afford to have the rug pulled out from under them when they’re just getting ahead or simply breaking even. I strongly encourage the Trump administration to focus on trade deals that benefit our ag producers — not imports that will do more harm than good.”

Key Background

Trump suggested Sunday the U.S. could “buy some beef from Argentina,” predicting the move “will bring our beef prices down,” adding “it would help Argentina, which we consider a very good country, a very good ally.” It’s unclear what the proposal would entail, but Agriculture Secretary Brooke Rollins told CNBC on Tuesday, amid backlash over Trump’s comments, the U.S. doesn’t plan to buy “very much beef” from Argentina and reiterated imports would be designed to “bring grocery prices down.” Trump made the suggestion as the U.S. has announced a $40 billion economic support package for Argentina, including a currency swap and financing from private sector and sovereign wealth funds. Trump has said the assistance is contingent on Milei’s party winning next week’s legislative elections, however.

Further Reading

Trump’s Plan For Buying Argentinian Beef Prompts Backlash From Ranchers (Forbes)

Source: https://www.forbes.com/sites/saradorn/2025/10/22/trump-says-cattle-ranchers-dont-understand-his-policies-after-they-criticize-argentina-beef-import-plan/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

The Beijing Procuratorate announced a case of illegal USDT cross-border foreign exchange transactions involving over 1.1 billion yuan.

The Beijing Procuratorate announced a case of illegal USDT cross-border foreign exchange transactions involving over 1.1 billion yuan.

PANews reported on October 29th that, according to a report by 21st Century Business Herald, on October 28th, the Beijing Municipal People's Procuratorate released "Typical Cases of High-Quality and Efficient Performance of Financial Procuratorial Duties" (2024-2025). One case involved "using virtual currency to indirectly buy and sell foreign exchange, involving over 1.1 billion yuan." Between January and August 2023, Lin Jia, under the instruction of others, colluded with Lin Yi, Xia, Bao, and Chen to use multiple bank cards under their names to receive large amounts of RMB funds transferred from clients (such as Liu) connected to the "upstream" of an illegal currency exchange organization. This gang used virtual currency as a "bridge" to achieve the illegal purpose of cross-border fund transfers: Lin Jia and others converted the received RMB into USDT through multiple USDT trading platform accounts they actually controlled, and then completed the cross-border fund transfer through platform transactions, essentially engaging in disguised foreign exchange trading and profiting from it. According to the report, the total illegal business activities of the gang amounted to over 1.182 billion yuan, of which five members, including Xia and Bao, participated in activities ranging from over 149 million yuan to over 469 million yuan. On March 21, 2025, the Haidian District People's Court of Beijing issued a first-instance verdict, sentencing all five defendants to prison terms ranging from two to four years for the crime of illegal business operations, and imposing corresponding fines.
Share
2025/10/29 09:42