Eggs, beef, and tomatoes are taking turns to increase in price, as "tariffs" are hitting Americans' dinner tables.

date
20/07/2025
The Associated Press reported on July 18 that beef prices in the United States have reached a record high. According to US government data, the average price of ground beef in June increased by nearly 12% compared to last year, while the average price of unprocessed beef ribeye steaks rose by 8%. Over the past 20 years, beef prices in the US have been steadily increasing, while the number of cattle has been steadily decreasing for decades. As of January 1 of this year, there were 86.7 million head of cattle and calves in the US, the lowest number since 1951. Currently, the US imports over 4 million pounds of beef annually, and Trump's tariff policies may become a new factor driving beef prices even higher.