‘Americans are going to feel it’: Bessent forecasts price shift

  • Posted on December 7, 2025
  • By Bing News
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‘Americans are going to feel it’: Bessent forecasts price shift

Treasury Secretary Scott Bessent has linked South American livestock imports to screwworm outbreaks, which he claims have raised U.S. beef prices. Critics argued that drought and supply chain issues are the main drivers. The Trump administration responded by suspending most Mexican cattle imports and granting tariff exemptions. The parasite at issue, New World screwworm (NWS),Continue reading "‘Americans Are Going to Feel It’: Bessent Forecasts...
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