Why does Trump want US to buy Argentinian beef? What prez said amid efforts to keep inflation in check

Donald Trump said on Sunday, October 19, that the US could purchase Argentinian beef in an effort to help American consumers.

Published on: Oct 20, 2025 8:36 AM IST

By Sumanti Sen

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Donald Trump said on Sunday, October 19, that the US could purchase Argentinian beef to try and bring down prices for American consumers. “We would buy some beef from Argentina,” the US President told reporters aboard Air Force One during a flight from Florida to Washington, as reported by AP. “If we do that, that will bring our beef prices down.”

Why does Trump want US to buy Argentinian beef? What US prez said amid efforts to keep inflation in check (AP Photo/Mark Schiefelbein) (AP)

Earlier this week, Trump said he would address the matter as part of his efforts to keep inflation in check.

Why have beef prices been high in the US?

US beef prices have been high for various reasons, including drought and reduced imports from Mexico because of flesh-eating pests in cattle herds there. Trump has been trying to help Argentina strengthen its collapsing currency with a $20 billion credit swap line, as well as additional financing from sovereign funds and the private sector. This has been happening ahead of midterm elections for Trump’s close ally, President Javier Milei.

According to a recent Bloomberg report, Trump said during an event in the Oval Office last week that his administration has struck an agreement to decrease the price of beef for consumers. He did not provide elaborate details on the federal effort, but did admit that beef was an area where his efforts to tackle inflation had not paid enough dividends.

“We are working on beef, and I think we have a deal on beef that’s going to bring the price" down, Trump said, per the outlet. "That would be the one product that we would say is a little bit higher than we want it, maybe higher than we want it, and that’s going to be coming down pretty soon too. We did something, we worked our magic.”

Trump made these remarks days after he hosted Milei at the White House to discuss trade and financing in an attempt to help bolster Argentina’s economy. Notably, the United States is a major importer of Argentine beef.

ABOUT THE AUTHOR
Sumanti Sen
Sumanti Sen covers everything that’s happening in the US, from politics to entertainment, but her expertise lies in covering crime news. She has comprehensively chronicled the Idaho student murders, the Laken Riley and Iryna Zarutska cases, and the killing of Charlie Kirk, among other incidents. Over the years, she has interviewed several victims/families of victims of crimes seeking justice. She digs up stories that might otherwise remain unheard, and does her bit to ensure that victims and survivors’ voices are heard. Sumanti’s many years of experience also include interviews with Hamas attack survivors and mental health experts, among others. Her coverage of the October 7 Hamas attack on Israel and interviews with survivors of the tragedy, coupled with her other works including the Titan submersible coverage, earned her the Digi Journo of the Quarter award during her first year at Hindustan Times. Sumanti actively tracks missing person cases in the United States, and peruses Reddit and other social media platforms to bring to light cases that frequently elude public attention. She has extensively covered the disappearances of Nancy Guthrie, Thomas Medlin, Beau Mann, and Sudiksha Konanki, among others. When not at work, you will either find her with her novels, or with her beloved rescue pooches.Read More

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