Trump Announces Temporary Tariff Exemption on Ground Beef Imports

Trump stated that within the next 90 days, the U.S. will allow imports of up to 300,000 tons of ground beef without imposing out-of-quota tariffs, noting that "the price of this beef will be 25% lower than current market prices." He added that the move "aims to lower consumer prices for Americans while also providing room for the recovery and growth of the U.S. livestock industry."