Trump admits tariffs are a tax on America’s love for hamburgers and allows 300,000 metric tons of ground beef imports at ‘below current market prices’

“Tariffs are simply taxes on American consumers,” said economist Steve Hanke. Meanwhile, cattle groups are "disappointed" in the president's post.

President Trump announced Friday that the U.S. will pause higher tariffs on ground beef imports for 90 days to lower costs of the meat for consumers. Trump, in a post on Truth Social, said the U.S. will allow up to 300,000 metric tons of ground beef to be imported without an “out-of-quota tariff,” or the…

Trump Announces 90-Day Tariff Relief For Ground Beef Imports As Costs Soar  Forbes

Beef prices in the U.S have soared in 2026 due to a reduction in the nation's cattle herd.

President Donald Trump announced on Friday the United States would allow tariff-free imports of up to 300,000 tonnes of ground beef over the next 90 days, in a bid to lower prices for American consumers with elections looming. “As we work to rebuild this herd and help our ranchers, for the next 90 days, the United Stat

President Donald Trump said he would allow tariff relief for some ground beef imports in a bid to lower prices for American consumers, a key concern ahead of November midterm elections.

Alongside the import decision, the government has introduced tighter restrictions on sugar inventories held by large consumers.India has allowed duty-free imports of 1 million metric tons of raw sugar until October 31, the commerce ministry said on Thursday, as the government moves to boost domestic supplies and contai