Trump Announces Major Move With Goal of Keeping Beef Prices Down

The United States will allow for more beef to be imported with the goal of keeping the price of it down, President Donald Trump announced on Friday. 

The president said that for the next three months, there will “300,000 metric tons of product for ground beef to be imported with no out of quota tariff” in order to “rebuild this herd and help our ranchers.”

“Today, I concluded a deal to substantially lower the price of ground beef for working American families. As everyone knows, under President Biden, beef prices soared at their fastest rate and the American beef herd fell to its smallest size in modern history,” he said in a Truth Social post. 

“We have a commitment that this beef will be sold at 25 percent below current market prices. This deal will reduce prices for Americans while giving space for our Great American Beef Herd to grow again. Thank you for your attention to this matter!” he added.

I’ve advised President Trump against this course of action for a year because American ranchers have been struggling against the packer monopoly for decades, and this will further harm them - most of whom are MAGA Republicans.

The President’s heart is in the right place on… https://t.co/CitifFJr8R

— Tim Sheehy (@TimSheehyMT) August 21, 2026

Sen. Tim Sheehy (R-MT) disagreed with the decision, saying that he has warned the president against the move “because American ranchers have been struggling against the packer monopoly for decades, and this will further harm them - most of whom are MAGA Republicans.”

“The President’s heart is in the right place on wanting lower prices for the American people, and beef prices have been impacted by the Mexican screwworm,” Sheehy wrote. 

“But the reality is this action will make it more difficult for American ranchers to rebuild our herd and bring prices down for the American people. And most importantly, this will harm our ranching families who feed the nation,” he added, as the National Cattlemen’s Beef Association also came out against the move. 

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