Transcript · English
English transcript
Once upon a time, you paid 50 bucks for a steak
only if your waiter wore a tux. Now, you pay
it under fluorescent lights at the supermarket.
America has over half a million cattle ranches,
but almost all that beef must pass through just
four processors controlling about 85% of the
market. Two of them, JBS and National Beef,
are effectively controlled from Brazil. Brazil
is the world's biggest beef exporter. China
is the world's biggest buyer. That means China
ends up setting the price of dinner in America.
Ranchers get less, you pay more, profits flow
overseas. That's why Donald Trump has ordered
the Department of Justice to act. Americans
didn't vote to have their dinner prices set
overseas. They voted for leaders willing to
break cartels and bring steak back to the dinner
table without a tux.
End of transcript · 140 words · machine translated