Trump orders DOJ to investigate meatpacking companies for 'illicit collusion' amid rising beef prices

President Trump announced Friday that he has directed the Department of Justice (DOJ) to launch an investigation into major meatpacking companies, accusing them of driving up beef prices through "illicit collusion, price fixing and price manipulation."In a post on Truth Social, Trump said the move is intended to protect American ranchers and consumers from what he described as unfair practices by "majority foreign-owned meat packers.""I have asked the DOJ to immediately begin an investigation into the Meat Packing Companies who are driving up the price of Beef through Illicit Collusion, Price