Trump rolls back tariffs on dozens of food products

President Trump signed an executive order exempting over 100 food products from his tariff program, including coffee, bananas, beef, and various produce items that cannot be domestically produced in adequate quantities. This policy reversal follows the Republican Party's weak showing in recent elections and increasing political pressure over rising consumer prices, particularly grocery and beef costs. While Trump previously dismissed inflation concerns and insisted tariffs wouldn't raise prices, the administration is now retroactively removing levies on food staples and negotiating lower import taxes with Latin American countries.