US EditionTrump Accuses Foreign-Owned Meat Packers of Inflating US Beef Prices and Calls for Investigation
- On Friday, President Donald Trump accused foreign-owned meat packers of driving up U.S. beef prices and asked the Department of Justice to open an investigation.
- Drought and trade moves have contributed to rising beef costs as drought and the smallest U.S. herd in decades, plus tariffs on Brazil, have tightened supply, while last month Trump proposed buying Argentine beef, angering American cattle ranchers.
- Despite lacking proof, President Donald Trump urged DOJ intervention, stating in a social media post that 'Action must be taken immediately to protect Consumers' against alleged Illegal Monopolies by Meat Packing Companies.
- The move intensified bipartisan debate over food prices as Trump's accusations renewed a bipartisan presidential fight and highlighted Then-Vice President Kamala Harris's last year campaign vows to crack down on alleged price manipulation.
- The development raises stakes for consumers and ranchers as tight herds and U.S. trade policy constrain beef supply, while a DOJ probe could escalate scrutiny of the meat industry.
145 Articles
145 Articles
Dick Morris to Newsmax: Trump Targeting Meat Monopolies to Lower Prices
President Donald Trump's move to investigate monopolistic practices in the meatpacking industry underscores his broader focus on restoring affordability for American families who are struggling, even those with high incomes, political strategist Dick Morris told Newsmax on Saturday. "A lot of people voted communist or socialist in New York City and elsewhere because they say, 'Hey, I'm sitting here making $150,000 [or] $200,000 a year, and than…
Justice Dept Probes Meatpackers Over ‘Illicit Collusion, Price Fixing’ Driving Up Prices - Real News Now
The Department of Justice has launched a formal investigation into the country’s largest meatpacking companies over allegations of illegal collusion, price fixing, and market manipulation—following a directive from President Donald Trump, who accused the industry of fueling sky-high beef prices. “I have asked the DOJ to immediately begin an investigation into the Meat Packing Companies who are driving up the price of Beef through Illicit Collusi…
In the interest of beef prices, the U.S. President asked the Department of Justice to investigate potential "unlawful deals" between meat companies.
Just the News
Alpha NewsTrump calls for DOJ probe of foreign meat packers allegedly inflating prices
Trump framed the meat issue as one of both economic fairness and national security, saying American ranchers were being unfairly blamed for price hikes.
Coverage Details
Bias Distribution
- 53% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
