Trump expands Argentine beef imports with bigger tariff quota, price relief uncertain

President Trump signed a proclamation to raise the tariff-rate quota for Argentine beef by 80,000 metric tons, allowing more lean beef trimmings to enter the U.S. at a lower duty. Economists say the effect on grocery prices will likely be small despite record U.S. beef prices and a drought-strained cattle herd; the move aligns with broader trade talks with Argentina, and about 33,000 metric tons of Argentine beef were imported in 2024 (about 2% of total).