- President Donald Trump has announced a deal to import up to 300,000 metric tonnes of ground beef tariff-free over the next 90 days.
- The imported beef is pledged to be sold at 25 percent below market prices to lower consumer costs ahead of the upcoming midterm elections.
- U.S. ground beef prices have risen by roughly 25 percent since Trump took office, driven by tariffs, supply chain issues, and parasite outbreaks.
- The White House did not provide details on who negotiated the deal, where the beef will be sourced from, or how price controls will be enforced.
- The decision is expected to trigger protests from American ranchers who oppose bringing foreign beef into the domestic market.
IN FULL
Trump says he’ll flood US market with beef as steak prices skyrocket
