US EditionTrump cuts tariffs on goods like coffee, bananas, and beef in bid to slash consumer prices
- On Nov. 14, President Donald Trump planned to sign an order reducing tariffs on beef, tomatoes, coffee and bananas, targeting goods the U.S. cannot produce in sufficient quantities, a White House official said.
- Off-Year elections earlier this month increased voter concern about the economy, pressuring the administration on affordability after losses in Virginia and New Jersey.
- U.S. Trade Representative Jamieson Greer teased the plan earlier Nov. 14 as part of a broader tariff-exemption strategy, while a White House official said the exact scope remains unclear.
- The move tacitly acknowledges that tariff policies have added to price pressures on U.S. consumers as inflation ticks up to 3 per cent in 2025.
- Framework agreements with Ecuador, Guatemala, El Salvador and Argentina aim to ease import levies on agricultural products, while tariffs on Brazil and U.S. Trade Representative Jamieson Greer emphasize focusing reductions on food not made domestically.
203 Articles
203 Articles
Trump rolls back coffee, beef, other tariffs after trade talks
Americans could see prices on some of their most treasured staples fall soon, as President Donald Trump announced the administration would ease tariff pressure on select imports from countries it found conducting unbalanced trade with the U.S. Coffee, tea, beef, fruits and other items that have seen steep price hikes are affected by the tariff changes. The White House announced Friday evening that reciprocal tariffs announced on April 2 would b…
After price shock in the US, Trump cuts tariffs on important food imports.
Australia's beef industry welcomes Trump's sudden backflip
Australian beef farmers have welcomed Donald Trump's backflip on beef tariffs.The president signed an executive order earlier today to exempt a wide range of foods from his sweeping tariffs.Top of the list is beef.READ MORE: Aussie beef farmers cutting in on America's exports to ChinaAustralia exports more than $2 billion worth of beef to the United States each year, more than any other product.Managing Director of Meat & Livestock Australia's…
Trump's tariffs on coffee, bananas or beef are being felt by US citizens at the supermarket fund every day. After three lost elections, the president is now rowing back. However, for the turnaround, the White House calls for another reason.
Trump's Tariff Rollback: A Bid to Battle Grocery Inflation
Trump's Tariff Rollback: A Bid to Battle Grocery Inflation In a dramatic policy shift, U.S. President Donald Trump has rescinded tariffs on more than 200 food products, a decision drawing significant attention amid growing public concern over food prices. The tariffs, revoked as of midnight Thursday, were seen affecting staples like coffee and beef, contributing to consumer worries about inflation.During a conversation with reporters on Air Forc…
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