U.S. President Trump said he has reached an agreement to allow up to 300,000 tonnes of beef for ground‑beef production to be imported duty‑free over the next 90 days. He said the shipments would be sold about 25% below current market prices, aimed at lowering consumer costs as the U.S. herd — he said — has fallen to a modern‑era low and beef prices rose fastest during President Biden’s term.

2026-08-21

U.S. President Trump said he has reached an agreement to allow up to 300,000 tonnes of beef for ground‑beef production to be imported duty‑free over the next 90 days. He said the shipments would be sold about 25% below current market prices, aimed at lowering consumer costs as the U.S. herd — he said — has fallen to a modern‑era low and beef prices rose fastest during President Biden’s term.