President Trump Readies Bailout For Nation’s Food Suppliers
President Trump, on Tuesday, said he would be signing an executive order to address the meat supply aimed at Tyson Foods Inc.’s shuttered meatpacking plants that could disrupt the nation’s food supply in May.
The president did not elaborate much on the executive order but noted Tyson faces a “unique circumstance” in terms of its liability. When asked about the supply of meat in the country, President Trump said: “There’s plenty of supply.”
On Twitter, President Trump, on Tuesday morning, retweeted The Counter, a non-profit news organization forced on the nation’s food supply. The tweet read: “First, there is no shortage of meat destined for the grocery store shelf. It might take stores longer than usual to restock certain products, due to supply chain disruptions. But we have many millions of pounds of meat in cold storage across the nation. 4/.”
First, there is no shortage of meat destined for the grocery store shelf.
It might take stores longer than usual to restock certain products, due to supply chain disruptions. But we have many millions of pounds of meat in cold storage across the nation. 4/
— The Counter (@TheCounter) April 27, 2020
It appears our reports on meat shortages developing across the country could materialize in the month ahead as it now appears President Trump is about to sign an executive order to address the issue.
Tyler Durden
Tue, 04/28/2020 – 12:38