Trump announced on Friday that a deal has been reached to lower beef prices by reducing tariffs, benefiting American working families. This effectively acknowledges that tariffs have contributed to rising prices. He stated that during Biden's tenure, beef prices surged at the fastest pace in history, and the number of cattle in the U.S. fell to its lowest level in modern history. Meanwhile, his administration is working to increase the cattle herd and assist ranchers, and over the next 90 days, it will allow up to 300,000 tons of ground beef products to be imported duty-free without quota restrictions. These beef products will be sold at prices 25% below current market levels.
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Original article: toutiao.com/article/1874192514703369/
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