Categories: World News

As Trump raises money and fame in Argentina, many Americans are asking: Why?

As US President Donald Trump returns to the White House, he has put trade partners from Canada to Cambodia.

But another US trading partner appears to be getting special treatment, and Americans are starting to take notice.

On Wednesday, politics reported That the Trump administration wants to eliminate the tariff on Argentine beef prices to 80,000 tons, an amount so large that there is doubt whether Argentina can fulfill it.

Trump first floated the idea during a press conference on Air Force One on Oct. 19, he said it will help reduce consumer prices.

As anger builds in the U.S. over the apparent cruelty shown in Argentina, Republican lawmakers from cattle ranches Cracking Criticism of the open social media movement, as it has pro-trump influences.

This argument has been discovered by a small but growing cohort of Republican legislators recently who are at odds with the President, including georgia rep. Marjorie Taylor Green and Rep. Thomas Massie from Kentucky. It quickly became a constant food between Trump and California Gov. Gavin Newloom.

Trump’s response falls flat

It all led Trump to respond to the social reality that America’s ranchers have never been happy enough with for everything he has done for them.

“Cattle ranchers, whom I love, don’t understand that the only reason, for the first time in decades, is because I’m putting tariffs on imports into the United States,” Trump wrote. “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, too!”

It’s unusual that Trump would want to appear to be doing something about high food prices, said David P. Anderson, a professor of agricultural economics at Texas A & M University at Texas A & M University.

But the high prices are raising farmers, he told CBC news.

“For many producers it’s a time of high prices. We’ve gone through many years of low prices, rising costs, and the opportunity to recoup some of those losses and start over.”

The move to import beef from Argentina is unlikely to remove much of the price, he said, but “it’s not worth it to farmers and ranchers.”

One Rancher Association, which endorsed Trump in the last election, said importing Argentine beef “undermines the future of family farmers.”

In a statement to CBC News, the Nebraska Cattlemen (formerly the Cattlemen’s Association) said it opposes “government interference” in the market.

“It’s introducing unnecessary price volatility … putting a negative spin on the only long-term solution to the current high beef market – an expansion of US beef cattle.”

Anderson acknowledged that increasing the US herd would be more likely to bring prices down than increasing imports from Argentina. “Our problem right now is that we have fewer cows than at any time since 1961,” he said.

Currency exchange and soybeans

But the cattlemen are not the only farmers who feel that the ground has been cut from under them to favor rivals in positions far away from Argentina.

On Wednesday, the Trump administration implemented a $20 billion swap of US Dollars in Argentine Pesos. The move is intended to dry up the falling peso in the days just before the start of Argentina’s national elections, in which President Javier Milei faces a frustrated electorate.

For the US treasury, trading dollars in risky foreign currencies is not seen as a financial win.

“Stabilizing Argentina is America first,” said Treasury Secretary Scott. “We Don’t Want Another Failed or Latin American Empire.”

However, there, moving to help Argentina seems to have hurt our farmers. Iowa Republican Sen. Chuck Grassley took to social media to ask “Why would the USA bail out Argentina while taking over a large market for American Soybean producers?”

Indeed, President Milei did not think about our domestic sensitivities when he used the fiscal space to send taxes to his country, the main source of his money, which is not very popular with Argentine farmers.

Milei wants the tax cut to allow Argentine farmers to get the best price for their soybeans in 25 years.

“Most of the bailout went to help Argentine farmers,” John Boyd Jr. said. of the National Black Farmers Association (NBFA). “They turned around and sold their soybeans to China and stole our market there.”

Normally October would mark the beginning of US Soybean sales to China, its largest market. But Trump’s tariffs, combined with new supplies of cheap soybeans from South America, have made him sell off, he said.

“The soybean industry in the United States is at a standstill,” Boyd told CBC News from his farm in Boydtown, Virginia. “Many of the whole grain labels are full and soybeans just don’t make it.”

Boyd said he didn’t buy Trump’s claims of truth.

“His taxes, he said, were helping the beef industry. And it’s not. It’s killing us. I’m glad to see other farmers starting to speak up and you can help your farmers here at home.”

Maga Darling Milei

Foreign leaders generally think of Trump’s oval office, but the Mileinas of Argentina did not find anything warm in Oct. 14.

“We just want to see Argentina do well,” Trump told reporters. “They have a great leader.”

Trump made it clear that US aid is being used by Argentine voters to elect Milei’s party in the country’s midterms.

“If he loses, we will not be kind to Argentina,” Trump said. “We’re helping a big philosophy take a big country.”

Milei was careful to cultivate her friendship with the White House.

Milei has been a staunch supporter of Ukraine, and its President Voldymyy even traveled to Buenos Aires in December 2023 to attend Milei’s dedication. But just days before Trump’s popular oval office recognition of Zelensky in February, Argentina changed its voting pattern on Ukraine at the United Nations.

As Western countries such as Canada, Britain and Australia turned sour on Tetanyahu’s Government, Argentina returned its votes, actually provided by Canada who voted so much and the US actually voted for Israel.

But personal love and the connection of the heart can not be the only help guy. Billions of American Hedge Funds have made big bets in Argentina, and they include CITRONE as well Stanley Druckenmiller, both friends and co-workers of Scott Besstent. Blackrock, Fidelity and Pimco Hedge Funds are also heavily invested in Argentina, reports the New York Times.

Some of the people and companies invested in Argentina are also Trump donors. Others, like Blackrock, are invested in major Trump media companies.

Speeches are destructive

Canada, like many countries, approached the Trump administration with a traditional strategy that seeks reasonable compromises while emphasizing the trade benefits of both nations. But there is little evidence that such arguments are moving the Trump administration.

What the Trump administration clearly means is money directed at Trump and people in his inner circle.

Watch | Trump adviser on US President’s ‘frustration’ with Canada:

Canadians ‘very difficult’ to negotiate on trade, says Trump adviser

Kevin Hassett, director of the National Economic Council, told reporters in Washington on Friday that US President Donald Trump’s communications with Donald Trump are removing his ‘concerns about actions and negotiations.’

This strategy has paid huge dividends in countries like Qatar and the UAE. Emirates’ $2 billion investment in Trump’s Crypto-Curn Venture World Liberty Finalt It was quickly followed by the evaporation of the US’s reluctance to provide incredibly capable AI chips, fearing they would develop new Chinese weapons. The UAE was able to get billions of dollars’ worth of NVIDIA’s NVIDIA.

Qatar’s gift of a jetliner to Trump was followed by an unusual security guarantee, given without approval, which made the American military protect Eminy Erirate as if it were a member of NATO.

The best example of flattery is perhaps Britain’s use of its sovereignty to promote Trump’s advice and love for pageanda and extra food. Britain has secured a lower tariff rate than its continental counterparts. But we had to stay on dynamic trade terms even though it was running a US deficit with the US

Evidence shows that while flattery is cheap, buying favors is effective. The conventional approach to negotiation followed by Canada has shown weaker results than either. But as a democracy operating under the rule of law, it’s not clear what else Canada can do.

Argentina’s success with the Trump administration can be attributed to the fact that it is hitting all of what seem to be the strongest notes of the Trump administration. Not only is Miley a topper and an unsanitary miitator, but she has also carefully questioned the financial intentions of people in Trump’s circle.

In the end, as is often the case with US politics, domestic considerations can weigh heavily. Trump’s most loyal constituency is in the former position: And his standing with them is beginning to suffer from his trade practices.

“A lot of American farmers are really make or break,” Boyd said, “and we’re leaning toward looking. And here we are at the top, the killing of farm people is the price that says the price of beef should go down.”

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