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South America

Trump delays order to suspend beef import tariffs, WSJ reports

The White House has delayed a presidential order that would have temporarily suspended tariffs on imported beef, the Wall Street Journal reported. The decision matters most to Argentine, Brazilian and Uruguayan exporters that supply the US market.

Cattle grazing on open pasture in Argentina
Photo: Tomás Asurmendi / Pexels
Investing.com Americas1 h agoTSN BRFS MRFG3

The White House has not signed a planned presidential order that would have temporarily lifted tariffs on imported beef, the Wall Street Journal reported. The administration said the move was under review amid pressure from US ranchers worried about being undercut.

The delay matters directly to Argentina, Brazil and Uruguay, the main suppliers that would have benefited. US beef imports have risen in recent years as domestic herds shrink and Brazilian demand pulls global supplies tighter.

Without the suspension, US consumers face continued high meat prices. Tuesday's April CPI is expected to print near a three-year high, and food costs remain a politically sensitive line for the White House heading into the 2026 midterms. South American exporters that geared up for new shipments to the US will now have to wait.

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This article is an AI-curated summary of the original story published by Investing.com Americas. The illustration is a stock photo by Tomás Asurmendi from Pexels and is not from the original story.

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