Trump Reverses Tariffs On Coffee, Bananas And Other Foods In Response As Prices Soar
The administration exempted 237 agricultural product classifications from tariffs due to trade deal progress and supply concerns, aiming to ease rising food prices.
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10 Articles
Trump scraps tariffs on beef, coffee - The Iola Register
President Trump has backtracked on one of his signature policies, announcing he was scrapping tariffs on beef, coffee, tropic fruits and other commodities. WASHINGTON (AP) — President Donald Trump announced Friday that he was scrapping U.S. tariffs on beef, coffee, tropical fruits and a broad swath of other commodities — a dramatic move that comes amid mounting pressure on his administration to better combat high consumer prices. Trump has built…
Tariffs on key food imports cancelled as White House softens on reciprocal trade
The White House has eased parts of its sweeping reciprocal tariff regime, issuing a new executive order that removes a wide range of agricultural foods from upcoming import duties. The shift comes as the administration faces criticism that broad tariffs could further fuel already-high food inflation in the US. The latest revision, on Friday, reflects what officials describe as new information about domestic supply constraints, consumer demand, a…
Cocoa Prices Undercut by US Tariff Cut
December ICE NY cocoa (CCZ25 ) today is down -33 (-0.62%), and December ICE London cocoa #7 (CAZ25 ) is down -60 (-1.47%). Cocoa prices are seeing weakness after the Trump administration announced last Friday that it would drop 10% reciprocal tariffs on commodities not grown in the US, including...
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