Trump Announces Waiver of Higher Tariffs on Ground Beef Imports, Amid Rising Meat Prices
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President Trump said he will waive higher tariffs on ground beef imports, a move aimed at lowering prices for Americans struggling with soaring meat prices.
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Washington ExaminerPresident Donald Trump announced Friday that he had reached a deal to temporarily ease tariffs on beef imports, saying the move would help lower prices for families as the United States faces a severe cattle shortage and record-high beef prices.
The Daily WirePresident Donald Trump said Friday that he reached a deal to increase beef imports into the United States with the goal of driving down prices.
Associated PressThe Trump administration has struggled to combat the cost of beef, which has remained high due to several factors including drought, tight cattle supply and Americans’ consistent demand for the product. The U.S. president has also imposed 50% tariffs on Brazil, a major beef exporter.
The HillTrump temporarily lifts ground beef import tariffs 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…
New York TimesTrump Widens Beef Imports in Bid to Lower Prices Cattle ranchers have trimmed their herds in response to drought and low margins, helping push up the cost of another American staple food.
The Guardian USThe historic cattle shortage has been driven by a multi-year drought, rising costs and severe economic pressures, including consolidation among cattle ranchers. Beef prices have soared over the last year due to the shortage, though economists said the Tyson plant closures likely won’t hit consumer prices so hard.
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Beef prices have climbed to record levels in recent months. Ground beef sold for an average of $6.89 per pound in July, up 10% from a year earlier. In 2024, beef was nearly a dollar less per pound.
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Washington TimesThe average cost of ground beef is $6.89 per pound, a 57% increase from 2021, according to the Federal Reserve Bank of St. Louis.
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The shrinking cattle supply has pushed livestock costs higher, increasing expenses for meatpackers such as Tyson Foods and JBS. At the same time, Tyson closed its second major beef processing plant this year.
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The Guardian USBut these closures won’t change the amount of beef that is packed and processed, since the country has enough infrastructure to take on the current supply, experts said. While it may slightly increase transportation costs for the cattle producers who are located close to the shuttered Tyson plants, it is not likely to affect the price of beef overall.
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What happened? Trump had previously threatened 50-percent tariffs on about $20 billion worth of Canadian goods, but delayed them late on Tuesday, hours before they were set to take effect.
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ABC NewsLevies on some Canadian imports are set to take effect early Saturday morning. President Donald Trump's 50% tariffs on some Canadian goods are set to take effect early Saturday morning, just days after he pushed back a previous deadline while the two sides negotiated a trade agreement.
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A statement from Canada appeared to downplay Trump's assertion about the trade agreement, touting "substantial progress" but noting that important work remained.
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VoxIs there actually a deal? We’ll find out in the next three days. Trump’s claims should always be taken with a grain of salt, and Canadian Prime Minister Mark Carney said only that “substantial progress” had been made toward a deal, with “important work still to be done.”
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When later asked by a reporter whether the deal would reduce tariffs on Canadian steel and aluminum, Trump added, "Well, we're looking at that."
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VoxOn Wednesday, the Wall Street Journal reported that the US could reduce previous tariffs on Canadian goods —which applied to cars, steel, and aluminum — as part of a potential trade deal. Trump has also suggested that a deal could resurrect the Keystone XL oil pipeline.
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Independent claims that didn't surface elsewhere in our corpus. Treat as supplementary — not corroborated across outlets.
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01 PBS NewsHour News Wrap: Trump pauses his 50% tariffs on Canadian imports In our news wrap Wednesday, President Trump paused his 50% tariffs on Canadian imports and trade officials said they are working to make a final deal, the Israeli military is opening criminal investigations into two high-profile killings by its troops in Gaza and the United Arab Emirates says it is halting trade with Iran a day after it accused Tehran of launching missiles toward its territory.
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02 Washington Examiner The Agriculture Department also announced last month that it would reopen ports along the southern border to Mexican cattle after previously restricting imports over concerns about the spread of New World screwworm, a flesh-eating parasite decimating cattle herds.
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03 ABC News Trump claimed earlier this week the United States had reached a preliminary deal to resolve a dispute with one of its top trade partners, saying the breakthrough had prompted him to issue a reprieve from the levies.
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04 The Guardian US Earlier this month, Tyson reported in its third-quarter earnings that beef volume is down 15.9% and beef operating loss is at $138m.
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05 The Hill Trump’s move to pause beef tariffs risks blowback 😎 Plus: South Carolina gets a dose of Trump {beacon}   It’s Friday. Against all odds and several hundred emails, we’ve made it.   In today’s issue: Beef tariffs get a timeout Bessent weighs America’s debt Trump goes all in for Graham IndyCar zooms into DC Programming note: Hello! We are Colin Meyn and Steff…
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06 Washington Times That would temporarily remove higher tariffs triggered when trade volume surpasses a certain quota, according to the World Trade Organization.
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07 Associated Press The directive drew quick backlash from conservative rural-state Republicans who raised alarms about the plan’s impact on ranchers.
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08 Vox Welcome to The Logoff: President Donald Trump’s planned Canada tariffs are off — for now.
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