10 Days
Source:
الاقتصادية
Texas ranchers oppose Trump meat price cuts
The article discusses the challenges facing the beef industry in Texas due to former President Trump's policies regarding the importation of ground beef and the suspension of live cattle imports from Mexico, aimed at controlling rising meat prices for consumers. Trump's attempt to ease prices by permitting the import of 300,000 tons of ground beef and reducing tariffs has raised concerns among ranchers in Texas, which hosts the largest cattle herd in the United States (12.1 million head). They worry about the impact on an industry already suffering from declining cattle numbers due to drought, rising fuel costs, and increased fertilizer prices. The industry forecasts that the increase in imports and fuel prices could lead to approximately a 10% rise in meat prices this year, putting additional pressure on consumers and potentially influencing the upcoming presidential elections. Cattle ranchers express concern that current policies may weaken Republican support in rural areas, even though these policies aim to lower meat prices for consumers.
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