‘The Big Weekend Show’ co-host Tomi Lahren says that the U.S. ought to import much less international beef and label worldwide imports on ‘The Bottom Line.’
The White Home introduced a number of commerce offers with South and Central American nations that would result in lowered tariffs on sure items, together with sure espresso, banana and beef exports. The nations concerned within the agreements are Ecuador, Guatemala, El Salvador and Argentina.
“Today’s announcement shows that America can defend its domestic production while obtaining expansive market access with our trading partners,” the White Home mentioned in a truth sheet on the offers.
Senior administration officers mentioned that underneath the offers, reciprocal charges will stay in place, however sure gadgets would have decrease tariffs, corresponding to issues that can’t be produced within the U.S., together with espresso, bananas and cocoa. Nevertheless, most imports is not going to qualify underneath the offers and for these items, Argentina, Guatemala and El Salvador will likely be topic to a ten% tariff, whereas Ecuador can have a 15% tariff.
PREDICTION MARKETS PUT TRUMP TARIFF WIN AT 24% FOLLOWING SUPREME COURT ORAL ARGUMENTS
President Donald Trump listens as administration officers converse throughout an occasion within the Oval Workplace of the White Home on Oct. 16, 2025, in Washington, D.C. (Kevin Dietsch/Getty Photos / Getty Photos)
The framework for the cope with Argentina additionally contains decrease tariffs on Argentine beef imports, however doesn’t improve the U.S.’s import quota.
The Trump administration drew the ire of each Democrats and Republicans over a proposed enlargement of beef imports from Argentina. In a letter to Agriculture Secretary Brooke Rollins and Commerce Consultant Jamieson Greer, a number of GOP lawmakers expressed concern over how this might affect U.S. farmers, ranchers and agricultural producers.
“While we share the Administration’s goal of lowering costs for consumers, we are concerned that granting additional market access to Argentina — already one of our largest beef suppliers — will undermine American cattle producers, weaken our position in ongoing trade negotiations, and reintroduce avoidable animal-health risks,” the letter, which was signed by 14 Republicans, learn.
Livestock is seen in corrals on the Canuelas market in Canuelas, Buenos Aires, Argentina, on Might 20, 2025. (Agustin Marcarian/Reuters)
GOP LAWMAKERS PUSH BACK ON TRUMP ADMIN PLAN TO IMPORT ARGENTINIAN BEEF
The letter was signed by Rep. Jason Smith, R-Mo., who’s chairman of the Home Methods and Means Committee, and Reps. Adrian Smith, of Nebraska; Greg Steube, of Florida; Beth Van Duyne, of Texas; Mike Carey, of Ohio; Michelle Fischbach, of Minnesota; Bruce Westerman, of Arkansas; Rudy Yakym III, of Indiana; Scott Franklin, of Florida; Max Miller, of Ohio; David Kustoff, of Tennessee; Frank Lucas, of Oklahoma; Greg Murphy, of North Carolina; and Aaron Bean, of Florida.
“Providing greater access to nations that maintain barriers against U.S. beef or have previously struggled to maintain animal health transparency risks disrupting markets and depressing cattle prices without delivering measurable benefits to consumers,” the lawmakers mentioned.
The 14 Republicans referred to as for elevated investments at house as a manner of reducing costs, reasonably than counting on imports. Nevertheless, the deal outlined on Thursday seems to strike a political steadiness, giving Argentina some reduction on tariffs whereas additionally retaining the quota as-is.
President Donald Trump delivers remarks on reciprocal tariffs as U.S. Secretary of Commerce Howard Lutnick holds a chart throughout an occasion within the Rose Backyard entitled “Make America Wealthy Again” on the White Home in Washington, D.C., on April 2, 2025 (Brendan Smialowski/AFP through Getty Photos / Getty Photos)
GET FOX BUSINESS ON THE GO BY CLICKING HERE
The White Home highlighted in a truth sheet how Individuals will doubtlessly profit from the offers. On the subject of El Salvador, the Trump administration mentioned that San Salvador vowed to deal with non-tariff boundaries, “including by streamlining regulatory requirements and approvals for U.S. exports.” In the meantime, Argentina has agreed to present “preferential market access” to U.S. items, corresponding to medicine, chemical compounds, expertise and extra. Moreover, Guatemala has dedicated to chorus from “imposing digital services taxes or other measures that discriminate against U.S. digital services or U.S. products distributed digitally.”
Ecuador, which faces the next tariff than the opposite three nations, mentioned it could undertake and keep excessive ranges of environmental safety and to enhance forest administration to stop unlawful logging.