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Trump Faces Beef Crisis
- U.S. President Donald Trump faces political pressure over rising beef prices after claiming inflation was "dead".
- Retail prices for ground beef rose 12.9% and steak prices rose 16.6% over the past year, while since 2017 more than 150,000 ranches have been lost.
- Cattle inventory is at its lowest in nearly 75 years.
- Tariffs are affecting inflation, with core goods up 1.5% year over year.
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