Trump Opens Border to 300,000 Tons of Imported Beef With the Out-of-quota Tariff Switched Off

1 month ago 13

Rommie Analytics

President Trump announced Friday that the U.S. will wave through 300,000 metric tons of imported ground beef over the next three months with the out-of-quota tariff switched off, and that "this beef will be sold at 25 percent below current market prices." Sold by whom went unmentioned. Shipped from where, likewise. Which foreign exporters agreed to any of this is a question the announcement left for later, along with the executive order itself, which the White House says arrives within 2 weeks. Ground beef hit $6.885 a pound in July, an all-time high and 83% above where it sat in...
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