According to CNBC, President Donald Trump said Friday morning that the United States will allow up to 300,000 metric tons of ground beef to be imported over the next three months without being subject to out-of-quota tariffs. He also said there is a commitment that the beef will be sold at 25% below current market prices, though his Truth Social post did not identify the companies involved. Trump said the move is intended to help rebuild the U.S. cattle herd and support ranchers, while beef prices in the United States have risen in 2026 amid a smaller cattle herd, higher feed costs and herd liquidation.