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Al Jazeera

Business

Andy Hirschfeld

Trump’s new Brazil tariffs could raise US beef prices

United States Brazil Donald Trump Al Jazeera David Ortega White House JBS Marfrig

Analysts say tariffs could provide a short-term boon for US beef producers, but argue that other strains will drive costs up for consumers [File: Gene J Puskar/AP]

United States President Donald Trump’s newly announced tariffs of 50 percent on Brazilian imports could drive up beef prices for US consumers.

Unless the White House delays or reverses course, the tariffs are set to take effect on August 1.

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