Economists don't expect reopening the U.S. to Mexican cattle imports to reduce high beef prices
The U.S. plans to reopen a border crossing in Arizona to cattle from Mexico on Monday as part of a broader effort by the Trump administration to reduce record-high beef prices, though economists doubt the move will mean much to grocery store shoppers.
TL;DR
- A border crossing in Arizona will reopen to Mexican cattle on Monday.
- This is an effort by the Trump administration to lower record-high beef prices.
- Economists are doubtful that this will significantly affect grocery store prices for shoppers.