Farmers are also angered by Trump’s US$20 billion currency swap with Argentina and losing out to the country on soybean sales to China.
US President Donald Trump’s administration is quadrupling the country’s low-tariff imports of Argentine beef in his attempt to lower supermarket beef prices, a White House official said on Thursday, evoking fury from the nation’s cattle ranchers.
Raising the tariff rate quota on Argentine beef to 80,000 metric tons will let the country ship more of its beef to the US at a lower rate of duty.
