The U.S. investigates meat processing companies due to suspected price manipulation.

Source: nhachannuoi.vn In a post on the social media platform Truth Social, President Trump stated that the investigation aims to protect American ranchers and consumers from what he described as the unfair practices of "mostly foreign-owned meatpacking companies." He emphasized the need for "immediate action to protect consumers, against illegal monopolies, and to ensure that these companies do not profit unlawfully at the expense of the American people." He urged the Department of Justice to act swiftly. Beef on display for sale at a store in New York, USA. Photo: THX/TTXVN In another post, the U.S. leader noted that while the price of live cattle had decreased significantly, the price of canned beef had increased, indicating "suspicious" signs. He asserted that the administration would quickly clarify the situation and if illegal activities were found, the violators would "pay a heavy price." Immediately following President Trump's announcement, Attorney General Pam Bondi ...