Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Business»Trump takes major action to slash soaring beef prices for US consumers
Business

Trump takes major action to slash soaring beef prices for US consumers

Buddy DoyleBy Buddy DoyleAugust 27, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Email

President Donald Trump on Wednesday formally increased the amount of foreign beef that can enter the U.S. at a lower tariff rate by 300,000 metric tons, advancing an affordability push aimed at bringing down elevated ground beef prices.

The temporary increase applies to lean beef trimmings under the U.S. beef tariff-rate quota and will be released in three 100,000 metric-ton tranches beginning Sept. 1, according to a White House proclamation.

Trump said the move is intended to increase the supply of ground beef and lower prices for American consumers as the U.S. cattle herd remains near historic lows and domestic beef production is expected to decline this year.

The proclamation puts into effect a policy Trump previewed last week, when he announced plans to allow up to 300,000 metric tons of additional foreign beef into the country as part of an effort to ease grocery costs.

TRUMP ALLOWS 300,000 METRIC TONS OF TARIFF-FREE BEEF IMPORTS IN BID TO CUT PRICES, DRAWING RANCHER BACKLASH

The formal action follows pushback from Republican lawmakers in cattle-producing states who have warned that increasing foreign beef imports could undercut ranchers working to rebuild the U.S. herd.

The administration, however, says domestic supplies remain insufficient to meet demand at reasonable prices.

The Department of Agriculture forecasts U.S. beef production will decline by about 4% this year compared with 2025, according to the proclamation. The White House attributed the supply pressure in part to restrictions on live cattle imports from Mexico aimed at preventing the spread of New World screwworm, as well as drought and wildfire conditions affecting cattle-producing regions.

The U.S. cattle herd has fallen to its lowest level in 75 years, though USDA data cited by the administration suggests the herd began showing early signs of growth in July.

TRUMP’S FOREIGN BEEF PUSH TO CUT GROCERY COSTS SPARKS GOP REVOLT FROM RANCHING COUNTRY

Packaged U.S. beef in grocery store.

The administration said the USDA forecasts domestic beef consumption will increase through the remainder of 2026, adding further pressure to supplies.

The latest action follows a separate move in February that increased the 2026 quota for lean beef trimmings from Argentina by 80,000 metric tons. The new 300,000 metric ton increase does not affect that allocation and instead applies to “other countries or areas.”

The first 100,000 metric tons will be available from Sept. 1 through Sept. 30, followed by another 100,000 metric tons from Oct. 1 through Oct. 30. The final tranche will open Oct. 31 and remain available until the quota is filled or Nov. 30, whichever comes first.

The administration is also tying the expanded quota to prices.

A rancher looks at cattle through a window.

CLICK HERE TO GET FOX BUSINESS ON THE GO

The agriculture secretary and U.S. trade representative are directed to monitor whether beef entering under the additional quota is sold at prices 25% below the market price for lean beef trimmings.

If that discount does not materialize, the officials must notify Trump, who could eliminate the remaining increase.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleHegseth upgrades Abbey Gate Marines’ valor awards after 5-year delay: ‘Those days are over’
Next Article NFL warns clubs they cannot sign any player who returns to college football for 2026 season, memo says

Related Articles

Warren Buffett steps down as chairman of Berkshire Hathaway

September 18, 2026

Home sellers may have to ‘take a hit’ as rates rise, real estate experts say

September 18, 2026

National Cheeseburger Day 2026: Burger deals at McDonald’s, Wendy’s and others

September 18, 2026

Toys R Us makes major comeback with 120 new stores opening across US this holiday season

September 18, 2026

California high-speed rail consultants billed taxpayers for a private plane, tiki bars and cigar lounges

September 17, 2026

Tech power players land seat at table for high-stakes dinner with Trump, Xi

September 17, 2026

Major airlines cut flights as higher jet fuel prices hit carriers

September 17, 2026

DSA platform could cost up to $212T over a decade, analysis finds

September 17, 2026

Paramount mum but LA officials on notice as rumors of move from California to Nashville swirl

September 17, 2026
Don't Miss

Rand Paul clashes with fellow Republican over AI ‘kill switch’ as Senate grapples with ‘Terminator’ fears

Dave Rubin breaks down Hasan Piker’s transition from Twitch streamer to political player

Warren Buffett steps down as chairman of Berkshire Hathaway

Celebrity plastic surgeon reveals when it’s too soon for a facelift, and when waiting can backfire

Latest News

El-Sayed tries to put the Hasan Piker debate behind him as midterms approach

September 18, 2026
If War Starts Tomorrow, Skip the AR-15 — Stockpile This Instead

If War Starts Tomorrow, Skip the AR-15 — Stockpile This Instead

September 18, 2026

Can You Buy SPEED? – TGC News!

September 18, 2026

‘Unprecedented’: Judges reveal behind-the-scenes coordination on Trump immigration cases

September 18, 2026

Judge Judy warns of ‘danger’ if prosecutors don’t retry Lindsay Clancy after murder trial ends in mistrial

September 18, 2026
Copyright © 2026. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.