Beef producers ‘disappointed’ by Trump tariff suspension
The Trump administration plans to exempt tariffs on ground beef imports for 90-days in an effort to lower prices of the meat. (Photo by Preston Keres/USDA)
President Donald Trump announced Friday he was suspending tariffs on 300,000 metric tons of imported ground beef to help lower the cost of the meat, in a move cattle producers said would not help their efforts to restore herd sizes. The president made the announcement in a Truth Social post where he said the imported beef will be sold at 25% below the current market prices. “This deal will reduce …
