Trump announces 90-day ground beef tariff waiver, claims 25% price cut, blames Biden for costs

On August 21, 2026, Trump announced on Truth Social that the U.S. would temporarily waive out-of-quota tariffs on up to 300,000 metric tons of ground beef imports for 90 days, claiming a commitment that the beef be sold 25% below current market prices. He said the deal would reduce grocery bills and give space for the American beef herd to grow. Trump did not identify the country or companies involved; a White House official said an executive order would be signed within two weeks. He also blamed Joe Biden for rising beef prices, but Al Jazeera reported ground beef prices rose 24% since Trump took office, directly contradicting the Biden-blame claim. U.S. cattle-industry groups and Sen. Tim Sheehy criticized the policy as harming ranchers and disrupting market signals.

“This deal will reduce prices for Americans while giving space for our Great American Beef Herd to grow again.” — Trump announced the tariff waiver on Truth Social while also blaming Joe Biden for rising beef prices. Quote verified against source