Over the past week, US President Donald Trump has insisted that beef is the only grocery item that has become more expensive during his second term. Moreover, Trump has accused foreign-owned meat companies of inflating US beef prices and has ordered a new federal investigation. According to a CNN report though, government data and experts say the reality is far more complicated and goes beyond the beef price hike.
The investigation announcement was made by Trump via a social media post on Friday. The probe comes at the heels of Republicans suffering losses in three key elections where Democrats had campaigned hard on the rising cost of living. In a post on TruthSocial, the US President said he was acting to “protect American ranchers” who are “being blamed for what is being done by Majo

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