President Donald Trump told reporters on Sunday that his administration is considering importing beef from Argentina to lower its price at home and help Argentina stabilize its struggling economy, which he described as being in critical condition.
Speaking to a reporter from the Associated Press, Trump described beef as the last remaining major good whose price remains unacceptably high and indicated that his administration would focus on lowering that price in the short term.
He rejected concerns that importing beef from Argentina would create unreasonable competition for American cattle ranchers and implications that Argentina was taking advantage of American generosity, describing the country as “fighting for its life” rather than enjoying cushy benefits from America.
“The only price we have that’s high is beef and we’ll get that down,” Trump told reporters on Air Force One.
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