US Beef Tariff Hike Fuels Offshore Crypto Cartel's Profits
The recent executive directives to pause foreign beef tariffs and allow hundreds of thousands of metric tons of low-duty foreign beef trimmings into the country may have sounded like a win for working families.
However, beneath the surface, this move is part of an off-grid financial loop engineered in the British Virgin Islands (BVI) that channels money directly into a private, unaudited cryptocurrency network.
This network owns the foreign farmland, fertilizer, and export terminals in Argentina, where it produces foreign lean trimmings at pennies on the dollar. When Washington waives the 26.4% tariff penalty, this foreign cartel dumps cheap product into domestic supply chains, reaping massive margins.