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Story summary
- U.S. President Donald Trump signed a proclamation raising foreign lean-beef imports by 300,000 metric tons.
- The quota will be released in three 100,000-ton tranches from Sept. 1 through Oct. 31.
- If imports sell less than 25% below market, the agriculture secretary must notify Trump to cancel remaining shipments.
- Farm groups and Kansas, Missouri Republicans say the plan could undercut producers and forgo $500 million in revenue.
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