18 Hrs
Source:
Sharjah24
Trump authorizes more beef imports to reduce prices
U.S. President Donald Trump temporarily announced allowing the import of up to 300,000 tons of ground beef from abroad over 90 days without tariffs, in an effort to lower beef prices in the United States. The prices had risen significantly due to declining cattle numbers and increasing costs. This move is an attempt to ease the rising cost of living and to fulfill his election promises ahead of the upcoming midterm elections in November, despite opposition from some representatives to the supported meat-import initiative. The goal of this step is to reduce meat prices by 25% and lessen the impact of rising prices on consumers.
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