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Rising Beef Prices Blamed on Migrants, Critics Push Back

11/17/2025

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Story summary
  • Scott Bessent, the U.S. Treasury Secretary, claimed rising beef prices are caused by migrants bringing infected cattle from South America.
  • In a Fox News interview, he described the beef market as a "perfect storm" inherited from the Biden administration.
  • Critics dismissed the theory as unfounded, noting no diseases in the United States since the Mexico outbreak, while economists attribute the spike to cattle shortages and drought.