https://www.live-feeds.com/feed/trump-slashes-tariffs-to-flood-u-s-with-661-million-pounds-of-foreign-beefContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/trump-slashes-tariffs-to-flood-u-s-with-661-million-pounds-of-foreign-beefhttps://www.live-feeds.com/feed/trump-slashes-tariffs-to-flood-u-s-with-661-million-pounds-of-foreign-beef#u119806Tue, 13 Oct 2026 10:51:11 +0000President Donald Trump slashed tariffs to allow 661 million pounds of foreign beef into the United States, aiming to lower consumer costs. The administration opened the door to 300,000 metric tons of lower-tariff lean beef trimmings over a 90-day period. However, retail prices remain high at nearly $7 a pound, drawing sharp criticism from domestic producers. Ranchers across states including Nebraska, South Dakota, and New York report that the influx pressures local operations without delivering meaningful relief at grocery store checkouts.Why it mattersBeef prices have climbed significantly si