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Trump Loosens Some Tariffs as Affordability Backlash Deepens

Polling shows weak economic approval, with economists doubtful the limited changes will lower prices soon.

Overview

  • The White House lifted or reduced tariffs on beef, coffee, bananas, tomatoes and other imports, casting the shift as part of an effort to ease household costs.
  • Trump is touting measures such as a $2,000 tariff-funded rebate and extending mortgages to 50 years, proposals analysts describe as unlikely to deliver quick relief.
  • Recent Democratic wins and surveys show voters prioritizing cost-of-living concerns, with inflation running near 3% and public sentiment on the economy deteriorating.
  • Republican figures, including Rep. Marjorie Taylor Greene, criticized the president’s claims that prices are falling, and allies voiced concern he is straying from an America First focus.
  • At a White House dinner, Trump predicted 5%–6% growth and asked top CEOs for ideas on affordability, but attendees privately questioned the forecast and the tariff strategy.