Trump Pledges to Allow Cattle Ranchers to Process Own Food Amid Beef Imports Backlash Donald Trump's administration has announced plans to allow cattle ranchers and farmers to process their own food in response to concerns about a perceived monopoly in the meat processing market.
This move is part of a broader effort to address the impact of importing foreign beef on domestic ranchers.
Trump's statement that only four major food processing companies control the industry oversimplifies the complex landscape of market concentration and competitiveness.