[U.S. Beef Prices Soar to Record Highs, Intensifying Inflation Control Pressure on Trump Administration] Jin10 Data, May 12 – According to foreign media reports, U.S. consumer beef prices have surged to record highs, making the Trump administration's efforts to combat inflation even more urgent. Data released by the U.S. Bureau of Labor Statistics on Tuesday shows that in April, the average price of ground beef exceeded $7 per pound for the first time, while steak prices soared to over $13 per pound. Despite the White House's ongoing efforts to curb beef prices ahead of the midterm elections, the complex beef supply chain is likely to keep prices elevated for a longer period.