President Donald Trump issued an order on Friday reducing tariffs on beef, tomatoes, coffee and bananas, a move aimed at lowering costs on groceries as the administration faces pressure from voters to cut prices on everyday goods.
The exemptions would reduce trade levies on the commodities, which the White House said can’t be produced in the US in sufficient quantity to meet domestic demand. Hundreds of food products, including coconuts, nuts, avocados and pineapples were among the products listed by the administration for exemption from tariffs. The tariff breaks are backdated to take effect at 12:01 a.m. New York time ...
