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Trump said that American cattle ranchers are reaping benefits from the tariffs he imposed on imports from other countries. He urged the cattle ranchers to lower their prices.
US President Donald Trump, via a post on his Truth Social account on Wednesday (Oct 22), said that American cattle ranchers are reaping benefits from the tariffs he imposed on imports from other countries. He urged the cattle ranchers to lower their prices. Trump also reminded the cattle ranchers that if it were not for him and the tariffs that he imposed, they would still be doing what they have done in past years.
“The Cattle Ranchers, who I love, don’t understand that the only reason they are doing so well, for the first time in decades, is because I put Tariffs on cattle coming into the United States, including a 50 per cent Tariff on Brazil,” the American president wrote in his post.
“If it weren’t for me, they would be doing just as they’ve done for the past 20 years — Terrible! It would be nice if they would understand that, but they also have to get their prices down, because the consumer is a very big factor in my thinking, also!” he added.
“In addition to everything else, Tariffs on other Countries SAVED our Cattle Ranchers!” he emphasised.
Meanwhile, in another post, Trump wrote, "Mary Barra of General Motors, and Bill Ford of Ford Motors Company, just called to thank me for putting Tariffs on Mid Size and Large Size Trucks. Their Stock has gone through the roof! They told me that, without Tariffs, it would be a very hard, long "slog" for Truck and Car Manufacturers in the United States. I told them, It's very simple, this is a National Security matter. With the Tariffs, we have a strong and powerful Economy and Country. Without them, we have the exact opposite!"