cross-posted from: https://sh.itjust.works/post/48334980
Republican Sen. Deb Fischer of Nebraska on Tuesday warned President Donald Trump that his proposal for the U.S. to buy Argentina’s beef will hurt American cattle ranchers and fail to lower prices.
“Bottom line: if the goal is addressing beef prices at the grocery store, this isn’t the way,” Fischer wrote in an X post.
Trump floated the idea over the weekend as a way to bring down beef costs, which have soared in the U.S. this year.
The tentative plan would involve further U.S. investment in Argentina, the South American nation whose teetering economy has recently been buoyed by a $20 billion currency swap deal with the Trump administration.
Why, though? All he wants to do is flood the market with enough foreign meat, that the local price bottoms out…at a time when local ranchers are already struggling to make ends meet due to a variety of uncontrollable circumstances.
What could possibly go wrong? /s
Those ranchers are going to end up selling their operations and land at a hefty discount…guess who’s buying
Gotta feed the leopards.