(The Center Square) – President Donald Trump removed 40% tariffs on Brazilian food products, including beef, but prices could remain elevated for years as the U.S. cattle industry rebuilds.

Trump's decision on Brazil follows his change in tariff policies two weeks ago, both amid growing frustration over grocery store prices and other rising costs for Americans.

Beef and veal prices jumped 14.7% year-over-year in September. Uncooked ground beef increased 12.9%, according to the latest Consumer Price Index data from the U.S. Bureau of Labor Statistics.

Marc Busch, an expert in international trade policy and law, said that any potential price cuts for consumers would be gradual. Busch is the Karl F. Landegger Professor of International Business Diplomacy at the Edmund A. Walsh School of Fo

See Full Page