Overview
- President Donald Trump signed an executive order exempting more than 200 agricultural and processed‑food items from the reciprocal tariff program, with changes effective Nov. 13.
- The list covers coffee, beef, bananas, teas, spices, nuts and other staples, with the White House saying the move will help bring down costs for consumers.
- The administration also touted new trade frameworks with Ecuador, Guatemala, El Salvador and Argentina tied to tariff relief, and it separately reduced duties on goods from Switzerland.
- The rollback is selective, leaving some country‑specific duties in place, including a 17% tariff on Mexican tomatoes, and excluding major Indian categories such as shrimp and basmati rice.
- Exporters in India expect gains for spices, tea, coffee and cashews, while economists report consumers had absorbed over half of tariff‑driven price increases and recent election results highlighted voter concern over affordability.