President Donald Trump’s administration reached out to some of America’s leading grocery chains to “pressure” them into lowering beef prices ahead of the Fourth of July weekend, according to a report.
Seeking a cost of living win ahead of the holiday weekend marking the 250th birthday of the United States, when meat sales were expected to surge, calls were put in to the likes of Walmart, Kroger and Albertsons pushing for price cuts, The Wall Street Journal reported. The average cost of a pound of ground beef in the U.S. is $6.75 as of May, which is the most recent data and up 13 percent from a year ago.
