Biden

Biden blames meatpacking giants for soaring US meat costs

WASHINGTON: President Joe Biden offered independent US farmers $1 billion in aid Monday as part of a battle against meatpacking giants he accuses of building monopolies to squeeze out smaller competitors. “We’re here to talk about strengthening competition, which will bring down costs,” Biden told a virtual meeting of independent farmers and meat producers. Calling the meat industry a “textbook example”

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