Trump Is Allowing Imported Beef at 25% Below Market Price — Ranchers Say It Won't Fix the Problem

The Trump administration announced a 90-day suspension allowing 300,000 metric tons of imported beef at 25% below current market prices to lower grocery costs, drawing criticism from cattle ranchers and rural-state lawmakers who say the move won't meaningfully lower prices given the U.S. cattle herd is at a 75-year low.