President Donald Trump is claiming to have struck a deal to flood the U.S. market with as much as 300,000 tons of beef imported from abroad and sold under price controls in a bid to lower prices ahead of the November midterm elections.
In a post on Truth Social, Trump said he’d “concluded a deal to substantially lower the price of ground beef for working American families” and falsely alleged that beef prices had “soared” under the previous Biden administration “at their fastest rate” and blamed Biden for reductions in ranchers’ cattle herds to “the smallest size in modern history.”
