Trump targets firms blamed by ranchers for beef prices

American ranchers are experiencing a historic cattle shortage, with the herd at its smallest in 75 years. In response, President Trump announced plans to waive beef tariffs for 90 days and explore legal measures to allow ranchers to process their own meat, aiming to increase supply and reduce high beef prices. The move seeks to challenge the dominant control of major meatpacking companies and support smaller producers, amid ongoing supply constraints caused by drought and herd liquidation.

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