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Trump Considers Argentine Beef Purchase to Cut Prices

10/20/2025

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Story summary
  • On October 20, 2025, President Donald Trump announced the United States may purchase beef from Argentina to lower domestic prices.
  • Speaking aboard Air Force One, he said the move would lower beef prices.
  • The plan addresses high U.S. beef prices caused by drought and reduced imports from Mexico.
  • Trump also backs Argentina's economy with a $20 billion credit swap line and financing, aligning with President Javier Milei's midterm elections.