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Trump Waives Higher Ground Beef Tariffs To Ease U.S. Prices
On Friday, August 21, 2026, President Donald Trump said the United States will waive higher out-of-quota tariffs on ground beef imports to try to lower U.S. retail prices.[1]
The waiver covers up to 300,000 metric tons of ground beef over the next 90 days, with no out-of-quota tariff applied.[1] Trump said the imported beef will be sold at 25% below current market prices.[1]
As of July 2026, the average U.S. price for ground beef was $6.89 per pound, 57% higher than five years earlier. The U.S. Department of Agriculture says drought has reduced pasture and raised feed costs, putting pressure on cattle herds and pushing prices up.
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📌 Key Facts
- On Friday, August 21, 2026, President Trump said the U.S. will waive higher out-of-quota tariffs on ground beef imports.
- The waiver covers up to 300,000 metric tons of ground beef over the next 90 days with no out-of-quota tariff applied.
- Trump said the imported beef is committed to be sold at 25% below current market prices.
- As of July 2026, average U.S. ground beef cost was $6.89 per pound, 57% higher than five years earlier.
- USDA attributes herd pressure and high prices partly to worsening drought reducing pasture and increasing feed costs.
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August 21, 2026