The Trump administration decided to delay a temporary suspenssion of the tariff-rate quotas for beef from all origins. The delay followed an outcry from cattle ranchers and some congressional Republicans, as increasing imports comes with political risks, including undercutting American farmers' business, Bloomberg said.
As of May 11, 2026, the Trump administration had decided to temporarily suspend tariff-rate quotas (TRQs) on beef imports from all countries to lower record-high U.S. beef prices. This action would allow more foreign beef to enter the U.S. at lower tariff rates, aiming to address a 16% increase in beef prices and a 75-year low in the domestic cattle herd.
The move is designed to increase the supply of imported beef (such as from Brazil) to reduce retail prices.
Alongside lowering tariffs, the administration is focusing on expanding loans for U.S. ranchers to encourage rebuilding domestic herds, as noted in reports from Reuters and WSJ.
