Foodstuffs Trump accuses meat processing companies of price fixing
US President Donald Trump is accusing several meat processing companies of illegal price fixing for beef. He has asked the Department of Justice to initiate an investigation immediately, the Republican announced on the Truth Social platform.
08.11.2025, 02:53
SDA
He did not provide any evidence for his accusations. The majority of the companies are foreign-owned and artificially inflate the price of beef. It was not clear from Trump's post exactly where the companies are based.
In a further post on Truth Social, the US President threatened that those responsible would pay a "high price" if they committed criminal offenses.
Trump is under political pressure
The US President is currently under political pressure due to the rise in beef prices. For example, the price of minced beef has risen every month since the beginning of the year, according to data from the statistics authority. Trump also confronted US cattle farmers, who were being unfairly blamed for the price increase, he wrote on Truth Social.
