Foreign Cartels Are Pricing Americans Out of Their Dinner Tables
In a shocking revelation, the rising cost of beef seen in grocery stores across the nation can be traced back to a powerful foreign cartel, not just inflation.
While Americans have been feeling the pinch at the checkout counter, the reality is that much of the price surge is linked to a Brazilian beef cartel, which has gained disproportionate control over the meatpacking industry in the United States.
Currently, just four companies dominate approximately 85% of U.S. beef processing, with two of those firms effectively under Brazilian control.
This monopolistic stranglehold means prices for American consumers are often dictated by a Brazil-China export axis, rather than reflecting the realities of American cattle ranching.
President Donald Trump recognized this danger during his tenure and took action by directing the Department of Justice to investigate these foreign-controlled entities.
The current state of meat pricing is a clear example of how economic security is intricately tied to national security.
Americans should not have their grocery bills dictated by foreign interests while local ranchers struggle to afford cattle.
In some cases, American ranchers can receive lower payment for their livestock because foreign demand shifts the prices upward, effectively leaving consumers to foot the bill when prices spike.
With China increasingly becoming the largest buyer of beef, any trade tensions with Brazil can significantly impact prices for everyday Americans.
Trump's administration understood the importance of breaking up these cartels to ensure that citizens could enjoy affordable, healthy meals without the interference of foreign interests.
The time has come for America to return to a system where consumers and producers are no longer held hostage by external pressures but can thrive in a competitive marketplace.
As inflation continues to affect various sectors, it’s essential that policymakers address the underlying issues and ensure that American cattle ranchers are prioritized.
Only then can we expect relief at the grocery store, as consumers are eager for a return to affordable staples like a quality steak.
Therefore, restoring competition in the meatpacking industry is not only a matter of economic sense, but a necessary step in reclaiming our food supply from the grips of foreign cartels.
Sources:
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