President Donald Trump floated the idea of importing beef from Argentina to help drive down prices for American consumers. Speaking to reporters aboard Air Force One during a flight from Florida to Washington, Trump explained, "We would buy some beef from Argentina. If we do that, that will bring our beef prices down."
Trump has been actively working on inflation-related issues, and this new proposal is part of his broader effort to reduce prices and alleviate financial pressure on U.S. households. As inflation continues to impact Americans, the former president is looking at solutions to ease the strain on everyday expenses, particularly food costs.
In addition to exploring beef imports, Trump has been involved in efforts to stabilize Argentina’s struggling economy. He recently facilitated a $20 billion credit swap line to help support Argentina’s collapsing currency, alongside additional financing from sovereign funds and the private sector. This financial support is part of Trump’s broader strategy to assist his close ally, President Javier Milei, ahead of Argentina’s midterm elections.
Trump’s focus on bringing down inflation and stabilizing global economies continues to shape his approach to both domestic and international policy. The proposed beef deal with Argentina could be just one of several steps toward addressing rising food prices in the U.S.