American families are paying significantly more for beef at the checkout counter—over 75 cents per pound more in September than they were in January. President Donald Trump thinks he has a plan to solve these higher prices: more government intervention.
On Friday, Trump called out "Majority Foreign Owned Meat Packers" for artificially inflating prices and jeopardizing the security of the American food supply in a Truth Social post. The president said he'd sic the Justice Department on meat packers to investigate them for "driving up the price of Beef through Illicit Collusion, Price Fixing, and Price Manipulation."
