President Trump said retail giant Walmart will slash prices on a range of products at his administration's request, including a 15% reduction in ground beef prices. The move comes on top of falling gasoline and diesel pump prices as the administration intensifies its affordability push and makes it clear that capitalists, not socialists, will solve the cost-of-living crisis.
"Walmart will, in particular, be dropping the price for a pound of ground beef by almost 15%, among many other products. This is a huge deal for the many millions of Americans who, smartly, shop at Walmart, which is truly patriotic," Trump wrote on Truth Social.
Trump continued, "My Administration is lowering prices that Joe Biden incompetently raised with the worst inflation crisis in history, a total disaster along with the Southern Border, the botched withdrawal from Afghanistan, and many other failures."
Ground beef prices have skyrocketed in recent years, reaching a national average just below $7 per pound, according to USDA data.
Prices have jumped from roughly $4 to nearly $7 over the last six years as a shrinking U.S. cattle herd tightened supplies, turning beef prices and the broader supermarket bill into politically charged topics for both Democrats and Republicans.
President Trump is attempting to solve the affordability crisis through normal market forces, incl