Trump signs executive order to investigate anti-competitive practices in food by foreign-owned companies

Published 2025년 12월 7일

Tridge summary

The White House document states: "Foreign-controlled companies are increasingly entering key sectors, driving up food costs for American families—this is the specific issue that the task force is responsible for investigating." The document also states that the two task forces have the authority to take enforcement actions and establish new rules to combat anti-competitive behavior. Furthermore, within one year from the issuance of the executive order, the task forces must report on the progress of their investigations and provide recommendations on whether appropriate congressional action should be taken. Data from the U.S. Department of Labor shows that the U.S. Consumer Price Index (CPI) increased from 2.3% year-over-year in April to 3% in September. Among these, beef, coffee, and tea prices rose by over 10% year-over-year in September. According to a recent report by international credit rating agency Moody's, American families now need to spend an additional $208 per month to purchase the same goods and services as they did in September of last year. In November, Trump called on the Department of Justice to investigate several of the largest meat processing companies in the U.S., accusing "foreign-controlled companies" of causing beef prices to rise through potential collusion, price manipulation, and price monopolies.

Original content

The White House document states: "Foreign-controlled companies are increasingly entering key sectors, driving up food costs for American families—this is the specific issue the task force is responsible for investigating." The document also states that the two task forces have the authority to take enforcement actions and establish new rules to combat anti-competitive behavior. Furthermore, within one year from the issuance of the executive order, the task forces must report on the progress of their investigations and provide recommendations on whether appropriate congressional action should be taken. Data from the U.S. Department of Labor shows that the U.S. Consumer Price Index (CPI) increased from 2.3% year-over-year in April to 3% in September. Among these, the prices of beef, coffee, and tea beverages rose by over 10% year-over-year in September. According to a recent report by the international credit rating agency Moody's, American households now need to spend an additional ...
Source: Foodmate

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