News Link • Tariffs
Trump Implements Major Rollback of Food Tariffs
• MSNTrump issued an executive order modifying the reciprocal tariffs he imposed on virtually every trading partner in August, exempting more than a hundred common food items including fruits, nuts and spices.
The move continues a shift away from Trump's maximalist tariff policy. When the president announced his reciprocal tariffs this spring, his economic team insisted there would be no exemptions to the levies. They later relented, removing duties on certain items not produced in the U.S., or available in sufficient quantities from domestic suppliers to meet demand.
The newly exempted products on Friday, however, include many products commonly produced in the U.S.—such as beef, which has risen to record prices in recent months. The tariff reductions are retroactive to 12:01 a.m. on Thursday, Nov. 13, according to the order.


