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Tuesday, October 27, 2026Updated 00:23 UTC

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Trump promised 300,000 tons of beef imports at lower tariff rates to reduce grocery costs. Instead, shipments have lagged and prices haven’t budged

Source: Fortune · Oct 26, 2026 21:03 UTC

Aerial view of a shipping-container yard at the port in Charleston, South Carolina — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

“The simple assumption there was that if we can just increase supply of beef in the U.S., that should lower prices. Unfortunately, the beef industry is much more complex than that.”

Read the full story at Fortune

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