Ground beef prices are soaring. Trump’s fix has U.S. ranchers worried

With most Americans still feeling the pinch of persistent inflation, President Trump wants to make one pricey grocery staple cheaper. “Today, I concluded a deal to substantially lower the price of ground beef for working American families,” Trump said in a Truth Social post shared on Friday. In the deal, Trump says that the U.S. will exempt 300,000 metric tons of ground beef to be imported over the next 90 days from the out of quota tariff, a higher tax rate that applies to imports beyond a s...