Trump Signing Orders Targeting Beef Prices After 16% Surge In Past Year
BreakingBusinessTrump Signing Orders Targeting Beef Prices After 16% Surge In Past YearByAlicia Park,Reporter. I cover markets and tech.Follow AuthorMay 11, 2026, 03:23pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplinePresident Donald Trump will sign two executive orders Monday aimed at bringing down record beef prices and rebuilding the U.S. cattle herd, now at a 75-year low, according to multiple reports, marking the administration's latest attempt to blunt grocery inflation ahead of November's midterms.US President Donald Trump signs an executive order on January 23, 2025. (Photo by ROBERTO SCHMIDT / AFP) (Photo by ROBERTO SCHMIDT/AFP via Getty Images)AFP via Getty ImagesKey FactsOne order would temporarily suspend the tariff-rate quota—which kicks in a higher tariff once a set volume of imports is reached—across all beef-exporting nations, allowing more beef into the U.S. at low rates, the Wall Street Journal reported, citing people familiar with the matter.The administration also plans to direct the Small Business Administration to expand loans for U.S. ranchers and roll back rules on endangered wolf protections and cattle ear tag requirements, according to the Journal.Ground beef averaged $6.75 per pound in January 2026, the highest on record and the steepest annual beef inflation since Trump's first term, and is up nearly 16% in one year, according to the latest Federal Reserve and Labor Department data. if (!window.cnxel) { window.cnxel = {}; window.cnxel.cmd = []; var iframe = document.createElement('iframe'); iframe.style.display = 'none'; iframe.onload = function() { var iframeDoc = iframe.contentWindow.document; var script = iframeDoc.createElement('script'); script.src = '//cd.elements.video/player.js?cid=62cec241-7d09-4462-afc2-f72f8d8ef40a'; script.setAttribute('defer', '1'); script.setAttribute('type', 'text/javascript'); iframeDoc.body.appendChild(script...المصدر: Forbes Business | Source: Forbes Business
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