From Bloomberg:
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.
“Today, I concluded a deal to substantially lower the price of ground beef for working American families,” Trump said in a social media post Friday.
The president said that “for the next 90 days, the United States will allow up to 300,000 metric tons of product for ground beef to be imported with no out of quota tariff. We have a commitment that this beef will be sold at 25 percent below current market prices.”
If it’s good enough for ground beef, why not everything else?
For a comparison for Biden vs. Trump era hamburger prices, see here:
Figure 1: Price of ground beef, $/lb (black), 2021M01-2024M12 trend (blue), 2025M01-2026M07 trend (red). Orage shading denotes Trump 2.0 administration. Source: BLS and author’s calculations.
