President Donald Trump on Friday morning said he would exempt from tariffs 300,000 metric tons of imported ground beef, the administration's latest bid to lower prices ahead of midterm elections in which voters appear set to punish the GOP for the rising cost of living. "This deal will reduce prices for Americans while giving space for our Great American Beef Herd to grow again," he wrote on Truth Social. The administration had secured a commitment, he said, "that this beef will be sold at 25 percent below current market prices."