🇺🇸🔍🥩🇧🇷 — President Donald Trump has called on the Department of Justice to launch an investigation into the meat processing industry, accusing it of “illegally colluding, manipulating, and fixing beef prices,” directly targeting the Brazilian group JBS, owned by the Batista brothers—key allies of President Luiz Inácio Lula da Silva (PT)

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 Fixing, and Price Manipulation. We will always protect our American Ranchers, and they are being blamed for what is being done by Majority Foreign Owned Meat Packers, who artificially inflate prices, and jeopardize the security of our Nation’s food supply. Action must be taken immediately to protect Consumers, combat Illegal Monopolies, and ensure these Corporations are not criminally profiting at the expense of the American People. I am asking the DOJ to act expeditiously. Thank you for your attention to this matter!

🔽 Shares of JBS, the world’s largest meat processor, fell as much as 6.2% following Trump’s remarks, while Tyson Foods’ shares dropped 2% before recovering and rising again.

Donald J. Trump (@realDonaldTrump) on Truth 🖇