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flag Trump directs DOJ to probe foreign meatpackers over price-fixing, but experts say beef prices are driven by drought, demand, and tariffs, not foreign collusion.

flag Trump has directed the Department of Justice to investigate foreign-owned meatpackers for alleged price-fixing and collusion, claiming they are inflating beef prices despite low cattle costs. flag The move, announced on November 7, 2025, follows recent Democratic gains tied to cost-of-living concerns. flag However, experts say high beef prices stem from a shrinking cattle herd due to drought, low prices in prior years, strong demand, and tariffs on Brazilian beef—not foreign ownership or collusion. flag The meatpacking industry remains dominated by four major firms, including JBS, which previously settled antitrust claims without admitting guilt. flag Agricultural economists warn the investigation could raise prices for consumers and hurt ranchers. flag The DOJ’s Antitrust Division, with support from the USDA, has launched the probe, but analysts doubt it will lower beef prices.

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