The administration of U.S. President Donald Trump on Wednesday continued its campaign to cut the cost of beef, with Trump urging cattle ranchers to lower prices while several agencies announced an effort to rebuild the country's decimated cattle herd.

Politicians, ranchers, industry experts and even Argentina’s own former undersecretary of Agricultural Markets agree that importing Argentinian beef is unlikely to lower U.S. grocery prices. That’s because Argentina consumes more beef than any other country per capita, meaning they only have so much left over to export. (9)

Former US President Donald Trump has stated that American cattle ranchers are benefiting from tariffs imposed on imported cattle but need to reduce prices to encourage domestic beef consumption. Trump’s remarks follow earlier suggestions that his administration was considering importing Argentine beef to alleviate record-high consumer beef prices,