President Trump announced on August 21, 2026, via Truth Social that the United States will permit up to 300,000 metric tons of ground beef imports over 90 days without out-of-quota tariffs, with a stated commitment that the beef will be sold at 25 percent below current market prices. Ground beef averaged $6.89 per pound as of July 2026. The announcement follows an earlier February executive order expanding Argentine beef imports by 80,000 metric tons.