{"id":55184,"date":"2025-11-07T22:17:36","date_gmt":"2025-11-07T22:17:36","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/trump-calls-for-investigation-into-foreign-meatpackers-over-u-s-beef-prices\/"},"modified":"2025-11-07T22:17:36","modified_gmt":"2025-11-07T22:17:36","slug":"trump-calls-for-investigation-into-foreign-meatpackers-over-u-s-beef-prices","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/trump-calls-for-investigation-into-foreign-meatpackers-over-u-s-beef-prices\/","title":{"rendered":"Trump calls for investigation into foreign meatpackers over U.S. beef prices"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>President 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.<\/p>\n<p>The president <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/115510343852481018\" target=\"_blank\" rel=\"nofollow noopener\">announced<\/a> 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&#8217;s concerns about the cost of living. Mr. Trump, however, has insisted grocery prices are down, with some exceptions. The president said the price of boxed beef is &#8220;fishy.&#8221;\u00a0<\/p>\n<p>&#8220;I have asked the DOJ 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,&#8221; Mr. Trump wrote in the social media post.<\/p>\n<p>&#8220;We will always protect our American Ranchers, and they are being blamed for what is being done by Majority Foreign Owned Meat Packers, who artificially inflate prices, and jeopardize the security of our Nation&#8217;s food supply,&#8221; he continued.<\/p>\n<p>The president offered no proof to support his allegations. <\/p>\n<p>&#8220;Action must be taken immediately to protect Consumers, combat Illegal Monopolies, and ensure these Corporations are not criminally profiting at the expense of the American People,&#8221; he said. <\/p>\n<p>Last month, Mr. Trump suggested the U.S. would buy Argentine beef to bring down stubbornly high prices for American consumers, angering U.S. cattle ranchers.<\/p>\n<p>Beef prices have soared in part after drought and years of low prices led to the smallest U.S. herd size in decades. Mr. Trump&#8217;s tariffs on Brazil, a major beef exporter, have also curbed imports.<\/p>\n<p>Mr. Trump&#8217;s accusations have renewed a bipartisan presidential fight against rising food prices.<\/p>\n<p>Then-President Joe Biden talked with independent farmers and ranchers about initiatives to reduce food prices by increasing competition within the meat industry. And then-Vice President Kamala Harris, who Trump defeated in winning reelection last year, used her campaign to vow to crackdown on food producers and major supermarkets &#8220;price gouging.&#8221;<\/p>\n<section class=\"content__body--footer\">\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n<p><h3 class=\"component__title\">More from CBS News<\/h3>\n<\/p>\n<\/aside>\n<section class=\"content__body--footer\">\n      <!-- tags --><br \/>\n    <\/section>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     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