Trump Signs Order Cutting Tariffs on Beef, Coffee, and Other Essential Imports
President Donald Trump signed an order exempting agricultural imports such as beef, bananas, coffee, tomatoes, and more from US tariffs, effective Thursday, to mitigate cost-of-living pressures. This move comes as American voters face rising prices, especially for beef and coffee, which have jumped roughly 20% this year due to climate shocks and disrupted trade. The tariff exemptions also include avocados, coconuts, and pineapples—products not grown in the US in sufficient quantity. Coffee industry leaders praise the decision, saying it will stabilize prices for consumers and secure supply for businesses. The order follows new trade deals with Argentina, Guatemala, Ecuador, and El Salvador, which also benefit from tariff waivers for certain agricultural goods. While Trump’s administration maintains tariffs on some items to address perceived unfair trade practices, these exemptions specifically target commodities critical for domestic demand and affordability. Policymakers acknowledge that […]