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[BUSINESS] · United States · 3 sources

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Trump administration cuts beef tariffs to lower consumer prices

The Trump administration has implemented a 90-day policy to drastically cut tariffs on imported beef, allowing 300,000 metric tons—approximately 661 million pounds—into the United States. The initiative aims to provide relief to consumers by offering beef at prices roughly 25% below market rates, specifically targeting costs for ground beef to assist lower-income Americans.

Agriculture Secretary Brooke Rollins stated that the temporary import increase is producing results and providing relief at the meat counter. However, an analysis by the American Farm Bureau Federation found only modest impact, noting that average retail ground beef prices declined by 16 cents, from $7.29 to $7.13 per pound.

The policy comes amid a period of high domestic beef prices, which rose from an average of $4.47 per pound in August 2021 to $6.92 in August 2026. Domestic supply has been constrained by decades-long declines in cattle numbers and significant drought conditions affecting 57% of American cattle. While the administration promotes beef through the ‘Make America Healthy Again’ movement, the import directive has faced pushback from American ranchers and food inspection experts.

Entities

American Farm Bureau Federation · Brooke Rollins · Donald Trump · Robert F. Kennedy Jr. · U.S. Department of Agriculture