Overview
- An executive order issued Nov. 14, effective Nov. 13, removes reciprocal tariffs from more than 200 food and farm products, including coffee, beef, bananas, spices, tea and nuts.
- Trump said the rollback aims to lower prices on goods the U.S. does not produce, telling reporters coffee costs would fall shortly.
- Brazil’s vice president said coffee, beef and tropical fruits destined for the U.S. still face a 40% added duty, though items like orange juice revert to zero under the base rollback.
- Indian exporters of spices, tea and cashews expect a lift, but major lines such as seafood and basmati rice remain excluded and analysts see only modest gains.
- The White House linked some exemptions to framework deals with Argentina, Ecuador, Guatemala and El Salvador, while Democrats cast the shift as a response to voter anger over grocery prices.