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Trump Orders DOJ Probe Into Meatpacking Companies Over Beef Prices

Trump Orders DOJ Probe Into Meatpacking Companies Over Beef Prices

Summary

President Donald Trump announced that he has ordered the Department of Justice (DOJ) to investigate foreign-owned meatpacking companies. He accuses these companies of unfairly raising beef prices through illegal practices. The aim is to protect American consumers and ranchers.

Key Facts

  • President Trump directed the DOJ to investigate foreign-owned meatpacking companies.
  • The investigation focuses on allegations of price manipulation and unfair practices.
  • Meatpacking companies are accused of raising beef prices illegally.
  • President Trump expressed concern for American ranchers and consumers.
  • He mentioned that while cattle prices dropped, boxed beef prices increased.
  • The investigation aims to stop companies from unfairly profiting at the expense of Americans.

Source Information