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Trump signs orders to lower beef prices by boosting imports and aiding US cattle ranchers.

Market News
11 May 2026
New York Post
Neutral
pluang ai news

President Trump signed two executive orders to reduce beef prices amid rising inflation and shrinking US cattle herds. One order suspends tariffs on beef imports to allow more affordable supply, while the other supports US ranchers with increased loans and relaxed regulations. These measures aim to ease high beef costs caused by drought, pests, and steady demand, but may upset ranchers concerned about import competition. The moves come ahead of midterm elections as food inflation remains a key issue for consumers.

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