Summary
Experts have warned that Argentina might not be able to supply enough beef to the United States because it needs to meet its own local demand first. President Donald Trump wants to buy more beef from Argentina to help lower high prices in the U.S., but experts say Argentina's limited beef capacity might not make much of a difference. The U.S. imports most of its beef from other countries, and Argentina supplies only a small portion.
Key Facts
- Argentina might struggle to increase beef exports to the U.S. due to high local demand.
- President Trump wants to buy Argentine beef to reduce U.S. beef prices.
- U.S. cattle farmers worry that more imports from Argentina could hurt their business.
- U.S. Secretary of Agriculture, Brooke Rollins, mentioned possible disease issues with beef imports, though Argentina disputes this.
- In 2024, the U.S. mainly imported beef from countries like Australia, Canada, and Brazil.
- Argentina provided just over 2% of U.S. beef imports in the previous year.
- Argentina's beef production is facing issues like lower birth rates of calves and bad weather, impacting supply.
- Expanding Argentine beef exports could raise beef prices within Argentina.