Trump posted on the truth social networking platform: Today, I reached an agreement that will drastically reduce the price of ground beef for American working families. As we all know, during President Biden's administration, beef prices soared at the fastest rate in history, and the number of beef cows stored in the US fell to the lowest level in modern history. While we are starting to restore the scale of beef cattle stocks and support domestic ranchers, the US will allow the import of up to 300,000 tons of products related to ground beef production within the next 90 days, exempt from excessive tariffs. We have received promises that the price of this batch of beef will be 25% lower than the current market price. The agreement will reduce prices for Americans, while also securing room for the country's huge beef cattle population to resume growth.

Trump posted on the truth social networking platform: Today, I reached an agreement that will drastically reduce the price of ground beef for American working families. As we all know, during President Biden's administration, beef prices soared at the fastest rate in history, and the number of beef cows stored in the US fell to the lowest level in modern history. While we are starting to restore the scale of beef cattle stocks and support domestic ranchers, the US will allow the import of up to 300,000 tons of products related to ground beef production within the next 90 days, exempt from excessive tariffs. We have received promises that the price of this batch of beef will be 25% lower than the current market price. The agreement will reduce prices for Americans, while also securing room for the country's huge beef cattle population to resume growth.