Trump accuses foreign-owned meat packers of inflating US beef prices and calls for investigation
November 7, 2025
President Donald Trump is accusing foreign-owned meat packers of driving up the price of beef in the U.S. and is asking 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 on concerns about the cost of living. Experts say it’s unlikely an investigation would result in lower prices at grocery stores, and a trade group representing meat packers said they’re not to blame for the high prices of beef.