Trump Demands Cattle Ranchers Lower Prices, Deepening Feud
(Bloomberg) -- President Donald Trump attacked US cattle ranchers over their criticism of his plan to slash record beef prices by importing significantly more tariff-free meat from Argentina, deepening a quarrel with a group of reliable supporters and raising concerns among ranch-state Republican lawmakers.
Trump on Wednesday said that cattlemen should be grateful for his tariff policies, saying they have helped boost their profits. At the same time, he also implored them to lower the cost of their products.
“If it weren’t for me, they would be doing just as they’ve done for the past 20 years — Terrible! It would be nice if they would understand that,” the president posted on social media. “They also have to get their prices down, because the consumer is a very big factor in my thinking, also!”
The US plans to increase the tariff-rate quota for Argentina to 80,000 metric tons of beef — effectively quadrupling the amount exempt from 26.4% tariffs, a White House official said later Wednesday. The Agriculture Department also said it would seek to expedite regulatory reforms and increase processing capacity to lessen the impact on US farmers.
https://finance.yahoo.com/news/trump-demands-cattle-ranchers-lower-174255467.html
Donny, I demand you go sky diving or mountain climbing or some other high-risk activity.
= new reply since forum marked as read
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