WASHINGTON — President Donald Trump said he will ease tariffs on up to 300,000 metric tons of ground beef imported into the United States for the next 90 days in a bid to reduce the prices Americans are paying for the grocery staple ahead of the November midterm election.
Trump, in an Aug. 21 post on Truth Social, said he reached a deal for foreign ground beef exporters to sell their product at a 25% discount in exchange for not paying U.S. out-of-quota tariffs on foreign beef. The president is expected to sign an executive order within the next two weeks formalizing the move, a White House official said.
“This deal will reduce prices for…
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