Trump quadrupling Argentina beef tariff rate quota to 80,000 metric tons

President Donald Trump's administration is quadrupling the tariff rate quota on Argentinian beef to 80,000 metric tons to reduce prices and protect American farmers, a White House official said on Thursday. Department of Agriculture on Wednesday announced a new initiative to expand domestic cattle herd sizes and support American cattle ranchers after Trump on Friday said he was working to lower the price of beef in the country.