Trump admin eyes Argentine beef imports as domestic prices soar to record highs

Agriculture Secretary Brooke Rollins on Tuesday said that the U.S. is considering imports of beef from Argentina to reduce prices that have been at record highs this year.Rollins said in an appearance on CNBC's "Squawk Box" that the Trump administration is preparing to announce a plan to import beef from Argentina to help increase the beef supply, as prices surged with cattle inventory declining to the lowest level in decades."The president has mentioned it a couple of times, I think you'll be hearing more about exactly what that looks like," Rollins said. "In America, we consume about 12 mill