Trump orders duty-free import of 300,000 tonnes of ground beef
MacroCommodity
US President Donald Trump announced on Truth Social that the United States will import 300,000 metric tonnes of ground beef products duty-free outside quota, to help Americans consume cheaper beef. The imported beef will be sold at prices up to 25% below current market prices. Trump said the deal will help lower beef prices for working American families, while giving America's cattle herd a chance to expand again, after beef prices surged rapidly and cattle numbers fell to their lowest level in modern history during the Biden administration.
