US EditionU.S. Drops Tariffs on Costa Rican Bananas and Pineapples
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Trump withdraws tariffs on Costa Rican agricultural products such as pineapple, bananas, and coffee
Q COSTARICA — The weekend brought good news for Costa Rica, as the United States government announced today the suspension of tariffs on all agricultural products. This means that pineapples, bananas, and coffee, among other agricultural products, will once again enter the U.S. duty-free, making them more competitive. For months, Costa Rican products have been subject to a 15% tariff. For Costa Rica, whose economy depends a lot on agriculture, w…
The decision, advanced in an executive order published by the White House, immediately reduces the tariffs applied this year to a number of agricultural products considered essential consumption, with the aim of reducing their import and containing domestic prices. The measure instructs the Treasury Department and the Office of the Trade Representative (USSTR) to temporarily suspend the highest tariffs and review their economic impact, in an att…
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