Trump Says He’s ‘Worked Our Magic’ on Deal to Lower Beef Prices

Oct. 16, 2025, 9:21 PM UTC

President Donald Trump said his administration had struck an agreement to bring down the price of beef for consumers during an event in the Oval Office on Thursday.

Trump didn’t provide details on what the federal effort entailed, but conceded that beef was one area where his efforts to fight inflation hadn’t paid enough dividends.

“We are working on beef, and I think we have a deal on beef that’s going to bring the price” down, Trump said. “That would be the one product that we would say is a little bit higher than we want it, maybe higher than ...

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