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.
After China, the US is the second-largest importer of Brazilian beef. Brazil is currently the fifth-largest source of foreign beef for the US, and its share has grown in the past year, accounting for 21 percent of all US beef imports.
That surge has been driven by domestic supply challenges, including widespread droughts and rising grain costs. In fact, imports doubled in the first half of this year compared to the same period in 2024 including because of the threat of upcoming tariffs.
Analysts say should the tariff go into place, it will hit importers of ground beef, commonly used in hamburgers, particularly hard.
“They [US beef importers] will either have to pay the higher cost of Brazilian beef or obtain it from other higher-cost sources. That could lead to higher prices for certain beef products, particularly ground beef and hamburger meat. This comes at a time when the US cattle herd is at the lowest level in many decades, demand for beef is strong, and as a result beef prices are up,” David Ortega, a food economist and professor at Michigan State University, told Al Jaz …