President Donald Trump announced Friday that his administration will allow more beef to be temporarily imported into the U.S. without triggering higher tariffs, as he remains under pressure to cut costs and address affordability issues ahead of November's midterms.
The president said on social media that he had committed to ensuring the imported beef would be sold at 25% below current market rates, making it cheaper for American consumers. A White House official said the deal is with foreign beef exporters who have agreed to the discount on beef, which the official said would be passed on to consumers.
