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Macro Finance

Trump Allows Tariff Relief for Some Ground Beef Imports

Bloomberg Markets·August 21, 2026·1 min read

President Trump allowed tariff relief for some ground beef imports, permitting up to 300,000 metric tons with no out-of-quota tariff for 90 days, aiming to lower consumer prices. He committed that the beef would be sold at 25% below current market prices. Agriculture Reporter Ilena Peng and Howard Capital Management CEO Vance Howard discussed the impact on costs and American farm businesses.

Read at Bloomberg Markets
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