Beef prices are on the rise in the United States, but President Donald Trump's plan to reduce them faces backlash from US cattle ranchers.

President Donald Trump announced Friday the United States would allow tariff-free imports of up to 300,000 tons of ground beef over the next 90 days, in a

He did not say which countries would be exporting the beef, but that there was a commitment to sell it at 25 per cent below market prices.

President announces beef imports to be sold at below-market rates until just after Election Day