Overview
- President Trump signed a decree exempting more than 200 food imports — including beef, coffee, bananas and tomatoes — from his tariffs, with the changes taking effect immediately.
- The White House also unveiled framework deals to lift some U.S. tariffs on imports from Argentina, Ecuador, Guatemala and El Salvador, tied to expanded market access for U.S. products.
- U.S. Trade Representative Jamieson Greer and Swiss officials announced a basic agreement to cut U.S. tariffs on Swiss goods from 39 percent to 15 percent in return for a $200 billion Swiss private‑investment pledge by 2028.
- Administration officials cited expectations of lower prices for items such as coffee, cocoa and bananas, while multiple reports link the shift to voter concern over food costs and recent Democratic election gains.
- Governments and negotiators describe these steps as intent or framework accords that still need U.S. administrative actions and, on the Swiss side, possible parliamentary approval, with media also reporting the White House confirmed receipt of gifts from a Swiss business delegation.