Trump finally bends on beef, coffee and foods tariffs

US President Donald Trump has reversed course by signing an executive order that exempts key food imports, including beef, tomatoes, coffee and bananas, from the sweeping tariffs he imposed earlier this year. The move takes effect retroactively and reflects rising pressure over stubborn grocery prices. It also follows Democratic gains in several elections where affordability dominated voter concerns.

Trump finally bends

The White House framed the exemptions as part of a broader push to stabilise household costs. Economists have long argued that Trump’s tariff regime contributed to higher food prices. Senior Democrats said the administration was now undoing damage of its own making. Refunds will be processed by US Customs. Framework deals with Argentina, Ecuador, Guatemala and El Salvador will further cut food-related duties once finalised. Trump has continued to claim inflation came from his predecessor’s policies.

Business News