Joesley Batista

Trump's beef tariff pause followed meeting with JBS co-owner, reports say

President Trump announced a 90-day waiver allowing up to 300,000 metric tons of ground beef to enter tariff-free, a move critics say could disrupt cattle markets and hinder U.S. herd rebuilding even as the administration frames it as consumer relief. Reports show JBS co-owner Joesley Batista met with Trump shortly before the decision to discuss lowering Brazil’s tariffs, raising questions about policy influence and Brazil’s likely gain from the planned quota while the plan promises beef sold 25% below current prices.