Walmart slashes beef prices after Trump calls on retailers to cut costs

Business & Finance
7 Jul 2026 • 9:06 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Walmart slashes beef prices after Trump calls on retailers to cut costs

  • Walmart announced price cuts on various summer barbecue staples, including ground beef, chips, and soda, following a claim by Donald Trump that the retailer was acting at his administration's request.
  • The price of a one-pound roll of 73% lean ground beef will decrease from 6.74 to 5.94, representing about a 12% reduction.
  • These price reductions come as American consumers continue to face record-high beef prices, driven by years of drought affecting cattle herds and increased feed costs.
  • Donald Trump praised Walmart as a 'truly patriotic Company' and encouraged other retailers to implement similar price reductions.
  • The retailer's Sam's Club warehouse chain will also discount over 250 items, including Member's Mark 88/12 ground beef.
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