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WASHINGTON – In a significant policy shift, President Donald Trump has signed an executive order aimed at eliminating tariffs on a range of commodities, including beef, coffee, and various tropical fruits. This decision comes as a response to mounting consumer complaints about high prices.
The executive action follows recent off-year elections where economic issues were a primary concern for voters, contributing to substantial victories for Democrats in states like Virginia and New Jersey.
President Trump announced the order after unveiling that the United States has reached preliminary agreements with countries such as Ecuador, Guatemala, El Salvador, and Argentina. These agreements are intended to reduce import duties on agricultural goods produced in these nations. Earlier in the week, Trump hinted at reducing tariffs on coffee to boost its importation.
Despite the administration’s longstanding stance that tariffs do not impact consumer prices, the order acknowledges that many of the products affected are not domestically produced.
Nevertheless, soaring beef prices have remained a pressing concern, prompting Trump to pledge intervention. Tariffs on imports from Brazil, a key beef supplier, have been identified as a contributing factor to these high costs.
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