President Donald Trump plans to issue executive orders on Monday designed to tackle rising beef costs by increasing imports and helping rebuild America’s cattle population, according to a White House official.
The administration official did not reveal specific details about the two planned orders, which are being introduced as the nation’s cattle herd has declined to its smallest size in seven and a half decades while beef costs keep rising.
According to earlier reporting by The Wall Street Journal, Trump plans to temporarily lift tariff-rate quotas on imported beef, which would permit greater quantities of meat to enter the country with reduced tariff costs. The publication also indicated that the president would instruct the Small Business Administration to expand lending opportunities for cattle ranchers and decrease protections for gray wolves and Mexican wolves that attack livestock under current Endangered Species Act provisions.
