President Donald Trump on Friday accused foreign-owned meat packers of driving up the price of beef in the U.S. and asked the Department of Justice to open an investigation.
The Republican president announced the move on social media days after his party suffered losses in key elections in which the winning Democratic candidates focused relentlessly on the public’s concerns about the cost of living. But experts said it's unlikely that an investigation would result in lower prices at grocery stores, and a trade group representing meat packers said they're not to blame.
