The proposal comes weeks before the midterm elections, when food prices and the cost of living are expected to be major issues on voters' minds.
An order of ground beef is prepared for a customer at Deep Cuts butcher shop in Dallas on Oct. 21, 2025.
Tony Gutierrez/AP
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Tony Gutierrez/AP
President Trump announced plans to lower tariffs on imported ground beef, upsetting some of his own supporters in cattle ranching…
Jump to contentAllNewsSportCultureLifestyleCattle are herded in a stable on June 05, 2026 in Hamilton, Texas (Getty)President…
The President is expected to sign an Executive Order regarding the deal within the next couple of weeks.
"We have a commitment that this beef will be sold at 25 percent below current market prices."
Ground beef sold for an average of $6.89 per pound in July, up 10% from a year earlier. Beef prices are at a record high.
Ground prices, now averaging nearly $7 a pound, remain historically high due to shrinking cattle herds.
Trump Announces a Tariff Deal Aimed at Lowering Beef Prices
