Trump reverses course and cuts tariffs on US food imports

[groundloop]

Source: The Guardian



Donald Trump moved to lower tariffs on food imports, including beef, tomatoes, coffee and bananas, in an executive order on Friday as the White House fights off growing concerns about rising costs.

The new exemptions take effect retroactively at midnight on Thursday and 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.

Earlier Friday, the president had claimed on Truth Social that “costs under the TRUMP ADMINISTRATION are tumbling down”.

Trump told CBS’s 60 Minutes this month that: “We have no inflation. We have no inflation. Biden had inflation, and he didn’t have tariffs.”

Read more: https://www.theguardian.com/us-news/2025/nov/14/trump-tariffs-food

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It takes a real stable genius to put tariffs on foods that aren't produced in the US, and then argue that by some stroke of magic prices will come down.

[Ocelot II]

1. TACO, TACO man!

[wolfie001]

6. The fat orange imbecile should put on the sombrero while selling his TACOS

[Diamond_Dog]

2. He puts out a fire he created, then claims he fixed inflation.

How stupid does he think we are?

[Scrivener7]

3. That won't stop us from saying, "EPSTEIN, EPSTEIN, EPSTEIN, EPSTEIN, EPSTEIN, EPSTEIN"

[AllyCat]

4. TACO gonna taco.

[no_hypocrisy]

5. My bet is that Maxwell House and Chock Full'O Nuts will keep prices where they are.

[Yo_Mama_Been_Loggin]

7. TACO TACO man

Donald Trump is the TACO man.

[progree]

8. Re: No inflation and costs are tumbling down --

Earlier Friday, the president had claimed on Truth Social that “costs under the TRUMP ADMINISTRATION are tumbling down”.

Trump told CBS’s 60 Minutes this month that: “We have no inflation. We have no inflation. Biden had inflation, and he didn’t have tariffs.”

With year-over-year inflation rising for 5 straight months, now 3.0%, and with the last 3 months annualized average inflation rate of 3.6%?

https://www.democraticunderground.com/?com=view_post&forum=1016&pid=417631

[jgmiller]

9. Well I'm sure US farmers and ranchers are just thrilled with that

So now they can't sell their product internationally because everyone found cheaper alternatives and now people in the US will import cheaper beef and crops which will hurt them even more. I know he thinks by cutting the tariffs the other countries will cut theirs but why would they now that they found other sources?

[cstanleytech]

10. Ya, way to late asshole.