Trump waives tariffs on 300,000 tons of beef imports to lower burger prices

President Trump announced a temporary waiver allowing up to 300,000 metric tons of beef imports without out-of-quota tariffs, claiming the meat will be sold at 25% below market prices. Cattle groups criticized the move as flooding the market with subsidized foreign beef, which could hurt domestic herd rebuilding. The decision comes as ground beef prices approach $7 per pound.