{"id":38129,"date":"2025-11-14T23:21:34","date_gmt":"2025-11-14T23:21:34","guid":{"rendered":"https:\/\/financialrush.com\/?p=38129"},"modified":"2025-11-14T23:21:34","modified_gmt":"2025-11-14T23:21:34","slug":"donald-trump-removes-reciprocal-tariffs-on-common-agricultural-products","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=38129","title":{"rendered":"Donald Trump removes reciprocal tariffs on common agricultural products"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>Unlock the White House Watch newsletter for free<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\">Your guide to what Trump\u2019s second term means for Washington, business and the world<\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=fb0b7ab5-b9a4-4eb1-9dc1-b87a5a87c592&amp;newsletter-id=65b8fec772badb00166eafc6\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>Donald Trump has slashed tariffs on a number of agricultural imports, as the US president tries to bring down the cost of grocery prices in the face of poor polling on his handling of inflation and the economy. <\/p>\n<p>Trump issued an executive order on Friday afternoon saying that imports of certain goods that were generally not grown or produced in the US would no longer be subject to \u201creciprocal tariffs\u201d \u2014 the high levies he set based on emergency powers starting in April. <\/p>\n<p>The president\u2019s order said the tariff exemptions would apply to common and tropical fruits including oranges, tomatoes and bananas \u2014 as well as cocoa, coffee and tea. <a href=\"https:\/\/www.ft.com\/content\/779851b3-4d56-4b90-baf1-851097c1ec88\" title=\"\" data-trackable=\"link\">Beef imports<\/a> were also included in the list, as well as spices and some fertilisers, according to a <a href=\"https:\/\/www.whitehouse.gov\/fact-sheets\/2025\/11\/fact-sheet-following-trade-deal-announcements-president-donald-j-trump-modifies-the-scope-of-the-reciprocal-tariffs-with-respect-to-certain-agricultural-products\/\" title=\"\" data-trackable=\"link\">factsheet<\/a> provided by the White House. <\/p>\n<p>\u201cWe\u2019ve really reached that critical mass where we started to reshape the global trade system in a way that we think is better for America. And so now is the right time to release some of these items,\u201d Jamieson Greer, the US trade representative, told reporters at the White House. <\/p>\n<p>However, the announcement marks a significant rollback of Trump\u2019s aggressive <a href=\"https:\/\/www.ft.com\/trump-tariffs\" title=\"\" data-trackable=\"link\">tariff<\/a> policies and underscores that lower levies can potentially bring some relief to consumers, while higher ones can lead to higher prices. <\/p>\n<p>The move comes as the president\u2019s approval ratings on the economy have languished at 41 per cent, with 56 per cent disapproving, according to the <a href=\"https:\/\/www.realclearpolling.com\/polls\/approval\/donald-trump\/issues\/economy\" title=\"\" data-trackable=\"link\">Realclearpolitics.com polling average. <\/a><\/p>\n<p>The US Chamber of Commerce, the biggest US business lobby group, applauded the move and urged more similar action. <\/p>\n<p>\u201cWe encourage the administration to build on today\u2019s announcement and provide additional tariff relief for other products not readily available from domestic sources and in instances where tariffs threaten American jobs,\u201d Neil Bradley, the chamber\u2019s chief policy officer, said in a statement. <\/p>\n<p>Democrats said Trump\u2019s move was not enough to alleviate the damage from his trade policies.<\/p>\n<aside aria-labelledby=\"aside-label\" class=\"n-content-recommended--single-story n-content-recommended--inset\" data-component=\"recommended\">\n<p class=\"n-content-recommended__title o3-type-body-highlight\">Recommended<\/p>\n<div class=\"o-teaser o-teaser--article o-teaser--small o-teaser--stacked o-teaser--has-image js-teaser\" data-id=\"779851b3-4d56-4b90-baf1-851097c1ec88\">\n<div class=\"o-teaser__image-container js-teaser-image-container\"><a href=\"https:\/\/www.ft.com\/content\/779851b3-4d56-4b90-baf1-851097c1ec88\" data-trackable=\"image-link\" data-trackable-context-story-link=\"image-link\" tabindex=\"-1\" aria-hidden=\"true\"><\/p>\n<div class=\"o-teaser__image-placeholder\" style=\"aspect-ratio:2048\/1152\"><\/div>\n<p><\/a><\/div>\n<\/div>\n<\/aside>\n<p>\u201cPresident Trump is finally admitting what we always knew: his tariffs are raising prices for the American people,\u201d said Don Beyer, a Democratic lawmaker from Virginia. \u201cWhile this move may alleviate some of the cost increases Trump caused, it will not stop the larger problems of rising inflation, business uncertainty and economic damage done by Trump\u2019s crazy tariff scheme.\u201d <\/p>\n<p>The tariff cuts announced on Friday will take immediate effect, and follow deals reached by Trump with <a href=\"https:\/\/www.ft.com\/content\/0c44d7fe-0ff1-49e8-8568-8fcb8d694f8c\" title=\"\" data-trackable=\"link\">Switzerland<\/a> to ease some of the punishing levies the US imposed on imports from the European Alpine nation earlier this year. <\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.ft.com\/content\/fb0b7ab5-b9a4-4eb1-9dc1-b87a5a87c592\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Unlock the White House Watch newsletter for free Your guide to what Trump\u2019s second term means for Washington,&hellip;\n","protected":false},"author":5,"featured_media":38130,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-38129","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/38129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38129"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/38129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/38130"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}