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Trump pauses quota tariff on 300,000 tons of beef

Posted on 8/21/26 at 1:55 pm
Posted by dblwall
Member since Jul 2017
2131 posts
Posted on 8/21/26 at 1:55 pm
President Donald Trump on Friday morning said he would exempt from tariffs 300,000 metric tons of imported ground beef, the administration’s latest bid to lower prices ahead of midterm elections.

LINK



Posted by texag7
College Station
Member since Apr 2014
41834 posts
Posted on 8/21/26 at 2:04 pm to
That’s like a week of US consumption. Won’t affect much
Posted by Taxing Authority
Houston
Member since Feb 2010
64314 posts
Posted on 8/21/26 at 2:05 pm to
quote:

Trump pauses quota tariff ... to lower prices ahead of midterm elections.
Weird. I though consumers didn't pay the tariffs?
Posted by Lsu101205
Atlanta, GA
Member since Jan 2014
3247 posts
Posted on 8/21/26 at 2:26 pm to
Ah yea that's really going to help American cattle farmers. Great plan...

I guess a little dip in the socialism pool is ok now?
Posted by DeBoar
Member since Jan 2024
6148 posts
Posted on 8/21/26 at 2:34 pm to
quote:

Weird. I though consumers didn't pay the tariffs?


The tariff was imposed to protect American cattle ranchers during a shortage. You have the option to buy domestic or foreign meat. Removing or laxing the tariff will provide further competition in hopes to lower the whole market.

Nobody is surprised you don’t know this. No matter what Trump did you’d still cry.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
13691 posts
Posted on 8/21/26 at 2:41 pm to
quote:

Ah yea that's really going to help American cattle farmers


Cattle farmers caused the surge in prices to begin with.

Farmers realized how oil companies control the market.

They learned that if you can keep the supply tight, you can control the price. By controlling the price and keeping it high, you are more profitable even though you may sell less heads of cattle and had less overhead because of it.
Posted by PorkSammich
North FL
Member since Sep 2013
18169 posts
Posted on 8/21/26 at 2:44 pm to
Why’s that necessary? The economic scholars of this board say tariffs don’t raise prices.
Posted by Tigerfan1274
Member since May 2019
4853 posts
Posted on 8/21/26 at 2:47 pm to
So if you can lower prices by removing a tariff, wouldn’t that imply levying a tariff raises prices?
Posted by jlnoles79
Member since Jan 2014
14647 posts
Posted on 8/21/26 at 3:00 pm to
quote:

So if you can lower prices by removing a tariff, wouldn’t that imply levying a tariff raises prices?


I was reliably informed by the populists that tariffs aren't passed on to the consumer
Posted by DeBoar
Member since Jan 2024
6148 posts
Posted on 8/21/26 at 3:05 pm to
So other countries around the world who use tariffs on the USA are taxing their own residents? Or does this only apply to the United States for argument on a politics board?
Posted by roadGator
DeBoar’s hollow dome
Member since Feb 2009
160563 posts
Posted on 8/21/26 at 3:11 pm to
Posted by jlnoles79
Member since Jan 2014
14647 posts
Posted on 8/21/26 at 3:12 pm to
quote:

So other countries around the world who use tariffs on the USA are taxing their own residents?


Yes

Posted by Taxing Authority
Houston
Member since Feb 2010
64314 posts
Posted on 8/21/26 at 3:22 pm to
quote:

The tariff was imposed to protect American cattle ranchers during a shortage.
That's nice. Also irrelevant.

quote:

Removing or laxing the tariff will provide further competition in hopes to lower the whole market.


quote:

Nobody is surprised you don’t know this.
Who doesn't know what?

quote:

No matter what Trump did you’d still cry.
So... using SealTeam45 arguments is "crying". Weird. It's always fun to watch you argue against your own positions.
This post was edited on 8/21/26 at 3:24 pm
Posted by frogtown
Member since Aug 2017
6041 posts
Posted on 8/21/26 at 3:26 pm to
quote:

So other countries around the world who use tariffs on the USA are taxing their own residents?


The fact that you did not know this does not surprise me.
Posted by jlnoles79
Member since Jan 2014
14647 posts
Posted on 8/21/26 at 3:30 pm to
quote:

The fact that you did not know this does not surprise me.



Some people would rather forget basic economics than disagree with their fav politician
Posted by DeBoar
Member since Jan 2024
6148 posts
Posted on 8/21/26 at 3:35 pm to
It was a rhetorical question dumbass. Not surprised you didn’t pick that up. Again you guys are crying because tariffs were implemented to protect ranchers and if it weren’t you’d be crying just like right now you’re still crying after the tariff is reduced.
Posted by theballguy
HSV (Dealing only in satire)
Member since Oct 2011
43369 posts
Posted on 8/21/26 at 3:43 pm to
quote:

300,000 metric tons of imported ground beef,


quote:

a week of US consumption


No wonder everyone's sick in this country.
Posted by Turnblad85
Member since Sep 2022
6220 posts
Posted on 8/21/26 at 3:45 pm to
quote:

Cattle farmers caused the surge in prices to begin with.




bullshite. Cattle farmers have been eating shite for years. As evidenced by the decreasing number of farms.

So this is a great plan. Bankrupt the American cattle farmer so we can be completely dependent on foreign meat.
Posted by DeBoar
Member since Jan 2024
6148 posts
Posted on 8/21/26 at 3:51 pm to
Again there’s no winning with anyone. Every decision will be met with criticism. Protect the ranchers, bad, try and correct the market and have lower prices, bad.
Posted by UtahCajun
Member since Jul 2021
8628 posts
Posted on 8/21/26 at 3:54 pm to
quote:

Again there’s no winning with anyone. Every decision will be met with criticism. Protect the ranchers, bad, try and correct the market and have lower prices, bad.

Bruh, don't make me agree with you. Have an upvote anyway
This post was edited on 8/21/26 at 3:55 pm
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