On the 21st, President Trump announced a measure to suspend high tariffs on up to 300,000 tons of imported ground beef for the next 90 days as a way to bring down soaring ground beef prices. Trump said the special measure secured commitments from businesses to sell at prices 25 percent below current market levels, and stressed that it would ease the burden on American consumers and help rebuild cattle herds depleted by drought. However, he did not provide details such as which businesses would lower prices.
