President has no time for steak (4)
I believe the answer is:
rump
'steak' is the definition.
(rump steak is a kind of steak)
'president has no time' is the wordplay.
'president' becomes 'trump' (Donald Trump).
'has no' indicates named letters should be taken away.
'time' becomes 't' (abbreviation).
'trump' with 't' taken away is 'RUMP'.
'for' acts as a link.
(Other definitions for rump that I've seen before include "Backside" , "Meat (from behind?)" , "Animal's hind quarters" , "Depleted legislators" , "Unimportant remnant" .)