WASHINGTON (Reuters) -President Donald Trump on Wednesday said U.S. cattle ranchers are benefiting from tariffs he has imposed on imports but must lower their prices to encourage American consumers to buy their beef.
“The Cattle Ranchers, who I love, don’t understand that the only reason they are doing so well, for the first time in decades, is because I put Tariffs on cattle coming into the United States, including a 50% Tariff on Brazil,” he wrote in a post on Truth Social. “They also have to get their prices down, because the consumer is a very big factor in my thinking, also!”
(Reporting by Doina Chiacu, Katharine Jackson; Editng by Doina Chiacu)
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