economy

February 7, 2026

Trump signs executive order quadrupling beef imports from Argentina

Updated on: February 6, 2026 / 4:49 PM EST / CBS News

Trump signs executive order quadrupling beef imports from Argentina

TL;DR

  • President Trump signed an executive order to quadruple U.S. beef imports from Argentina.
  • The new trade agreement allows for an additional 100,000 tons of Argentine beef to be imported annually.
  • The order aims to address rising beef prices by increasing supply, citing a peak of $6.69 per pound in December.
  • The agreement includes the removal of reciprocal tariffs on various goods between the U.S. and Argentina.
  • American cattle ranchers, represented by the National Cattlemen's Beef Association, oppose the increase, fearing damage to their livelihoods and minimal impact on consumer prices.
  • The trade deal is seen as a significant boost for Argentine President Milei and a model for inter-American cooperation.

Continue reading the original article

Made withNostr