Trump administration prepares tariff exemptions in bid to lower food prices, NYT reports
The administration aims to reduce tariff costs on select imports, including beef and citrus, to address food price inflation driving voter concerns, say multiple sources.
- President Donald Trump’s administration prepared broad exemptions to his signature tariff regime to try to lower food prices, The New York Times reported citing three sources.
- After Democrats' wins last week, political pressure rose as their victories in last Tuesday's off‑year elections in New Jersey, Virginia, and New York City reflected voter concerns about the cost of living.
- The exemptions would target certain reciprocal April tariffs on products from countries that have not struck trade deals with the United States, likely including beef and citrus products, though no final decision was made.
- Legal scrutiny intensifies as the administration considers changes while the Supreme Court debates whether the tariffs were imposed unlawfully without Congress, raising stakes for any rollback of one of the president's key economic policies.
- The proposal would expand on a September executive order, officials cautioned it could risk appearing to reward countries that did not enter trade agreements with the United States, and President Trump’s planned travel aims to tout his economic agenda.
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62 Articles
“Just a little step back,” the president said.
U.S. President Trump has by decree excluded a number of food imports from the tariffs imposed during the year.
The tariffs cost the lives of Americans, contrary to what the U.S. President has been saying for months, that this Friday he has called back and announced the elimination of commodity levies in order to better combat high consumer prices MAGAs are stirring as Trump remains trapped by the 'Epstein case': "I have a country to govern!" Tariffs cost the lives of Americans.
Donald Trump's government is under pressure because of increased consumer prices in the US. Now the president is changing direction and removing some food from his customs list.
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Bias Distribution
- 44% of the sources are Center
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