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https://www.reuters.com/business/trump-cuts-tariffs-beef-coffee-other-foods-inflation-concerns-mount-2025-11-14/
WASHINGTON, Nov 14 (Reuters) - President Donald Trump on Friday signed an executive order to exempt a wide range of food imports, including beef, tomatoes, coffee and bananas, from sweeping tariffs imposed earlier this year on nearly every country, the White House said.
The order is part of a major push by Trump and his top officials to address Americans' growing concerns about persistently high grocery prices.

The new exemptions - which take effect retroactively at midnight on Thursday - mark a sharp reversal for Trump, who has long insisted that his import duties are not fueling inflation. They come after a string of victories for Democrats in state and local elections in Virginia, New Jersey and New York City, where affordability was a key topic.
It said any refunds due would be processed under the rules and procedures of the U.S. Customs and Border Protection.
Trump has upended the global trading system by imposing a 10% base tariffs on imports from every country, plus additional specific duties that vary from state to state.
Friday's ordered followed framework trade deals announced on Thursday that will eliminate tariffs on certain foods and other items imported from Argentina, Ecuador, Guatemala and El Salvador, once those deals are finalized, with U.S. officials eyeing additional deals for signing before year's end.

Consumers have remained frustrated over high grocery prices, which economists say have been fueled in part by import tariffs and could rise further next year as companies start passing on the full brunt of the import duties.
>>
>>1457836
TACO?
>>
>>1457836
>Friday's ordered followed framework trade deals announced on Thursday that will eliminate tariffs on certain foods and other items imported from Argentina, Ecuador, Guatemala and El Salvador, once those deals are finalized, with U.S. officials eyeing additional deals for signing before year's end.
So he's just signing a death knell for the beef industry after he fucked up all their export deals.
>>
Will this lower the price of coffee? prices literally jump 3 to 4 X since last year.
>>
Art of the deal
>>
Once prices go up they don't come down.
>>
I thought these tariffs were addressing an URGENT NATIONAL EMERGENCY, does Trump not want to protect America and make us RICH AND STRONG anymore?
>>
>>1457867
Actually, not true. The price of fizzy sugar water is plummeting.
>>
Can't wait until I get my $2000 cheque. Thanks, President Trump!
>>
>>1457867
This is false and you know it. if you actually look at prices for literally any good sold on an elastic market, it's false.
>>
>>1457905
What happened to the $5,000 checks DOGE was supposed to send out?
>>
>>1457908sage
You didn't get your checks?
My family got them in return for voluntarily returning to Mexico, but it only costs $500 to sneak back in
Thats $4500 a pop if we can convince Trump to give us more checks
>>
>>1457908
I already spent that. The $2000 I plan to invest in a two year CD at 1.8% APR.
>>
>>1457941
>The $2000 I plan to invest in a two year CD at 1.8% APR.
Honestly retarded. It's just $2k, and that's just 1.8% return
You could beat 1.8% return almost by just throwing a dart at a random stock. Or just do sp500 and you'll get 2-3x that return on normal years, 5-10x on good years
>>
>>1457836
This shit should be getting more attention. Trump is literally admitting fucking defeat; his tariffs are a tax, that's why lessening them would make things less expensive. Not only does this mean his central financial policy is a fucking failure, but it also cuts into his own supreme court case because he cannot create a tax without congress. This is fucking embarassing.
>>
>>1457958
I mean, sure, if you totally ignore the purpose of tariffs.
>>
>>1457962
if the tariffs are being receded to solve issues the tariffs caused, they are a failure. If those issues are an increase of prices, they are objectively a tax.
>>
>>1457905
Hey bro, if you are going to larp as a burger, at least learn how we spell check.
Also it's already been confirmed the "$2000" is just the taxs cuts and not actual money.
>>
>>1458003
>Also it's already been confirmed the "$2000" is just the taxs cuts and not actual money.
So they don't exist. The "tax cuts" are cuts in name only when you have double that added to your grocery and power bills.
>>
>>1458009
That already happened under Biden, nogstick.
You must've been in a fucking coma.
>>
>>1458003
>>1458003
>>1458003

And sound like a
>nothingburger

like you? No thanks, homeslice.
>>
>>1458044
What?
>>
>>1458052
he's once again demonstrating the fact he's an ESL by thinking any burger related slang applies to Americans.
>>
>>1457867
Yup. Prices are sticky. People will still pay these tariff-inflated prices, so why would they lower them?
>>
>>1458055
>>1458055
>>1458055

I was born in Aberdeen, South Dakota, but keep fantasizing about my living abroad and not being amongst the rest of you midwits.
>>
>>1457965
>if the tariffs are being receded to solve issues the tariffs caused, they are a failure
Sure, if you ignore the purpose of the tariffs.
>>
>>1458114
Ok, what is the purpose of tariffs then? Because if it's
>Tariffs are supposed to encourage home manufacturing and industry!
Then undoing them because prices got too high means they're objectively a failure.
>Tariffs are supposed to make money for the government!
Then that means they were objectively a tax, and thus illegal in the first place, and undoing them is also a failure.



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