WASHINGTON – President Donald Trump’s decision to allow the import of cheap beef has resulted in a plunge in the price of domestic cattle, prompting Minnesota ranchers who are strong supporters of the president to say they’ve been betrayed.
“It’s kind of a big shot in the gut,” said Don Schiefelbein, whose farm near Kimball breeds and feeds about 5,000 heads of cattle, most of them Black Angus.
In a post on Truth Social last Friday, Trump announced that the United States will import up to 300,000 metric tons of foreign beef, at a price to be sold at 25% below “current market prices.”
“This deal will reduce prices for Americans while giving space for our Great American Beef Herd to grow again,” Trump said.
The White House followed up with a proclamation<...

1 week ago
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