Ground Beef Is Almost 7 Bucks a Pound — Trump Just Cut a Deal to Drop It 25%

Ground beef currently costs an average of $6.89 per pound — up 57 percent from five years ago. Biden watched the American cattle herd shrink to its smallest size in modern history while doing nothing about it. Trump just concluded a 90-day deal to import up to 300,000 metric tons of ground beef with no out-of-quota tariff, with a commitment that the beef will be sold at 25 percent below current market prices.

That’s not a press release. That’s a price cut at the grocery store counter, arriving within 90 days, for every American family that buys ground beef — which is to say, most of them.

The mechanics of the deal are smart and worth understanding. The 90-day window is intentional — it’s long enough to inject real supply into the market and drive prices down, but short enough to avoid permanently undercutting American cattle ranchers who are in the process of rebuilding their herds. You can’t grow a larger cattle herd in 90 days. That takes years of investment, breeding cycles, and market stability. This deal buys American ranchers the time and the market conditions they need to expand — while giving American families relief at the checkout line right now.