( July 2, 2026, 18:08 GMT | Official Statement) -- MLex Summary: Meatpacker break-ups, mandatory country-of-origin labeling, prosecution of fraud and reduced beef import quotas are needed to address "structural" drivers of high beef prices in a highly concentrated market, according to a report by the American Economic Liberties Project's Rethink Trade program. "President Trump has incorrectly blamed ranchers, the weather, and even his own trade policies for our nation’s record high beef prices," Rethink Trade said in a press release accompanying the report. "Yet despite cutting beef tariffs and authorizing record-high beef imports, the administration has failed to bring down beef prices for American consumers while accelerating the collapse of the American ranchers Trump claims to support."Statement and report follow....
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