The Financial News

The Financial News

Trump to allow import of 300,000 metric tons of ground beef without tariff


President Donald Trump on Friday morning said the United States will allow up to 300,000 metric tons of product for ground beef to be imported over the next three months without being subject to out-of-quota tariffs.

Trump also said, “We have a commitment that this beef will be sold at 25 percent below current market prices.”

CNBC’s Eamon Javers reports.


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