Walmart to Cut Prices on Ground Beef by Nearly 15 Percent

President Trump said Walmart informed him it will lower prices at his request to mark the 250th anniversary of the United States. The cuts include ground beef by almost 15 percent.

The announcement did not include details on which items would see price cuts or the size of any reductions. No timeline was provided for when the changes would take effect.

The statement comes amid ongoing administration efforts to address consumer costs. No additional retailers have publicly confirmed similar actions at this time. He urged other retailers to follow suit and described the move as a benefit to U.S. consumers.