Trump reaches deal to halt tariffs on beef for 90 days in bid to lower prices

Published August 21, 2026 9:47am ET



President 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.

“Today, I concluded a deal to substantially lower the price of ground beef for working American families,” Trump wrote in a post on Truth Social.

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