Inflation Tariffs Tariff Impact Luxury Goods Market Competition Corporate Mergers Food Industry Profitability Tariff Effects Automotive Sector Taxation Agricultural Trade Input Costs Economic Growth Agricultural Market Alcohol Pricing Agricultural Exports Fuel Costs Import Effects Supermarket Pricing Government Revenue Automotive Market Import Duties Import Competition Automobile Costs Price Reduction Retail Market Share Monopoly Effects
Beef supplies are tight after drought shrank the U.S. herd to a 75-year low, making quick price relief from imports unlikely.