A contingent of GOP lawmakers also want to talk to Trump and WH staff tonight about his plans to import more foreign beef - which farm district Rs have warned will harm US farmers, according to Politico citing sources
White House says that barrels from Venezuela deal could hit reserves in the US in November
US Treasury Secretary Bessent says China engages in financial repression on its savers
A contingent of GOP lawmakers also want to talk to Trump and WH staff tonight about his plans to import more foreign beef - which farm district Rs have warned will harm US farmers, according to Politico citing sources
Israel should not worry about a renewed war with Iran, reports Al Jazeera citing Trump to Israeli Broadcasting Corp
US President Trump says Israel should not worry about a renewed war with Iran.
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Expanded beef import quotas sit at the intersection of trade policy and domestic farm politics, and the pushback from farm-district Republicans is the established flashpoint: past episodes of opening US meat import channels have drawn swift congressional resistance when domestic cattle prices were already soft, and that intra-party pressure has on previous occasions diluted or delayed the policy before implementation. The transmission channel runs through domestic beef and cattle benchmarks, where added import supply weighs on the lean hog and live cattle complex and narrows packer margins differently than it hits cow-calf producers; the distinction worth drawing is between quota volumes and tariff-rate adjustments, since the former is administratively simpler to reverse. The stated rationale in episodes of this kind has typically been retail price relief, and the pattern is that food-inflation optics tend to override agricultural-state objections only when headline CPI pressure is acute. The follow-ons are whether the White House meeting produces a scaled-back plan, any formal notification to trading partners, and the reaction of the main supplying nations whose export access is at stake. As reporting of internal GOP friction rather than a decided policy, the signal is that implementation risk has risen, not that the plan is settled.
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