Trump Administration Cracks Down on Foreign-Owned Meat Packing Cartels

In a surprise to many in the cattle industry, President Trump has directed the Department of Justice to launch an investigation into the nation’s largest meat packing companies for potential collusion, price fixing, and price manipulation.

The decisive action targets the foreign-dominated conglomerates that control America’s meat supply and have been accused of artificially inflating prices at the expense of farmers, ranchers, and working families.

In a Truth Social post, the President wrote “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’s food supply.”

Among other things, the White House says for too long, a handful of giant meat packers have squeezed America’s cattle producers, shrunk herds, and jacked up prices at the grocery store; and industry consolidation has crushed competition and hammered cattle producers.

Source: White House