US Beef Demand Down as Trump’s Trade Policies Impact

Recent reports indicate a significant decline in demand for Big Macs across the United States following the implementation of tariffs under the Trump administration. Consumer surveys show a marked decrease in purchases of the iconic fast-food item. Economists attribute this shift to increased costs associated with imported beef, impacting profitability for McDonald’s and potentially reducing consumer spending on fast food. The impact is being felt across various demographic groups, with younger consumers exhibiting a higher susceptibility to the tariffs’ effect. The situation is being closely monitored by industry analysts.

Credits: Finance & economics