Trump Admin Says Beef Prices Could Hit $10 per Pound Because of Migrants

The Trump administration has attributed rising beef prices, potentially reaching $10 per pound, to the spread of cattle disease through mass immigration. Treasury Secretary Scott Bessent claimed that diseased cattle brought by migrants have led to the closure of the border to Mexican beef due to the screwworm parasite. However, experts argue that the main drivers of rising beef prices are shrinking cattle herds and higher expenses for raising livestock, with foreign supply making up a small share of U.S. cattle. President Trump has taken steps to address the issue, including importing more beef from Argentina and investigating major meatpacking companies for price manipulation.