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Trump pauses quota tariff on 300,000 tons of beef
Posted on 8/21/26 at 1:55 pm
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.
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Posted on 8/21/26 at 2:04 pm to dblwall
That’s like a week of US consumption. Won’t affect much
Posted on 8/21/26 at 2:05 pm to dblwall
quote:Weird. I though consumers didn't pay the tariffs?
Trump pauses quota tariff ... to lower prices ahead of midterm elections.
Posted on 8/21/26 at 2:26 pm to dblwall
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?
I guess a little dip in the socialism pool is ok now?
Posted on 8/21/26 at 2:34 pm to Taxing Authority
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 on 8/21/26 at 2:41 pm to Lsu101205
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 on 8/21/26 at 2:44 pm to dblwall
Why’s that necessary? The economic scholars of this board say tariffs don’t raise prices.
Posted on 8/21/26 at 2:47 pm to dblwall
So if you can lower prices by removing a tariff, wouldn’t that imply levying a tariff raises prices?
Posted on 8/21/26 at 3:00 pm to Tigerfan1274
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 on 8/21/26 at 3:05 pm to jlnoles79
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 on 8/21/26 at 3:11 pm to jlnoles79
Posted on 8/21/26 at 3:12 pm to DeBoar
quote:
So other countries around the world who use tariffs on the USA are taxing their own residents?
Yes
Posted on 8/21/26 at 3:22 pm to DeBoar
quote:That's nice. Also irrelevant.
The tariff was imposed to protect American cattle ranchers during a shortage.
quote:
Removing or laxing the tariff will provide further competition in hopes to lower the whole market.
quote:Who doesn't know what?
Nobody is surprised you don’t know this.
quote:So... using SealTeam45 arguments is "crying". Weird. It's always fun to watch you argue against your own positions.
No matter what Trump did you’d still cry.
This post was edited on 8/21/26 at 3:24 pm
Posted on 8/21/26 at 3:26 pm to DeBoar
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 on 8/21/26 at 3:30 pm to frogtown
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 on 8/21/26 at 3:35 pm to frogtown
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 on 8/21/26 at 3:43 pm to texag7
quote:
300,000 metric tons of imported ground beef,
quote:
a week of US consumption
No wonder everyone's sick in this country.
Posted on 8/21/26 at 3:45 pm to Tarps99
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 on 8/21/26 at 3:51 pm to Turnblad85
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 on 8/21/26 at 3:54 pm to DeBoar
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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