The Trump administration said it will drop a 10 percent tariff on Argentine beef imports and will quadruple the amount of Argentine beef that can enter the U.S. before imports reach a quota that triggers a 25 percent levy.
The White House announcement comes despite criticism of President Donald Trump from lawmakers and ranchers last month over his plan to boost imports from Argentina in an effort to bring down beef prices for consumers.
“There is a reciprocal tariff of 10 percent on Argentina. We expect that to be eliminated,” a senior White House official said in a briefing on new trade framework agreements with Argentina, Ecuador, Guatemala and El Salvador. The agreements are expected to be signed within two weeks, the official said. The briefing conditions were that the official can’t

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