Trump claims duties have helped cattle ranchers prosper, but economists say the picture is more complex.
President Donald Trump appeared on Truth Social to claim that American cattle ranchers owe their recent success to trade measures.
Trump said on Truth Social: “The cattle ranchers, whom I love, don’t understand that the only reason they’re successful, for the first time in decades, is because I imposed tariffs on cattle entering the U.S., including a 50% tariff on imports from Brazil. If it weren’t for me, they’d be doing the same thing they’ve been doing for the last 20 years—horrible! It would be great if they realized this, but they also need to lower their prices because the consumer is very important to me, too!”
Trump’s statement contains some truth and some exaggeration. His administration did impose a 50% tariff on certain agricultural imports from Brazil, including beef. These tariffs were intended as a measure to support American producers and reduce dependence on foreign suppliers.
However, economists note that the cattle sector’s profitability this year is primarily due to the historically low U.S. cattle herd, the lowest since the early 1950s, following years of drought and high feed prices. These limited supplies have driven up cattle and beef prices, benefiting cattle ranchers regardless of tariff policy.
While tariffs may support domestic producers by discouraging competition, it should be emphasized that such measures typically raise prices for consumers rather than lower them, which contradicts Trump’s claim that tariffs lower grocery store costs.
Bottom line: Trump’s tariffs played a role in shaping market conditions, but they are far from the only reason cattle ranchers are “doing so well.” The broader situation includes weather conditions, supply constraints, and strong demand for beef, not just trade policy.
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