Trump Implements Major Rollback of Food Tariffs

“President Trump on Friday moved to lower tariffs on beef, coffee and dozens of agricultural and food goods, marking a significant rollback of his so-called reciprocal levies as he looks for ways to address Americans’ concerns about the cost of living,” the Wall Street Journal reports.

“The move continues a shift away from Trump’s maximalist tariff policy. When the president announced his reciprocal tariffs this spring, his economic team insisted there would be no exemptions to the levies.”