The US has launched a probe into whether meatpacking companies are fixing prices, as Donald Trump’s administration comes under increasing pressure over affordability.
“I have asked the [justice department] to immediately begin an investigation into the Meat Packing Companies who are driving up the price of Beef through Illicit Collusion, Price Fixing, and Price Manipulation,” the president said in a post on Truth Social on Friday afternoon.
“We will always protect our American Ranchers, and they are being blamed for what is being done by Majority Foreign Owned Meat Packers,” Trump wrote.
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