Trump scraps tariffs on beef, coffee, tropical fruit in a push to lower grocery store prices

WASHINGTON — President Donald Trump announced Friday that he was scrapping U.S. tariffs on beef, coffee, tropical fruits and a broad swath of other commodities — a dramatic move that comes amid mounting pressure on his administration to better combat high consumer prices. Trump has built his second term around imposing steep levies on goods imported into the U.S. in hopes of encouraging domestic production and lifting the U.S. economy. His abrupt retreat from his signature tariff policy on so many staples key to the American diet is significant, and it comes after voters in off-year elections this month cited economic concerns as their top issue , resulting in big wins for Democrats in Virginia, New Jersey and other key races around the country. Inflation, despite Trump's pronouncements that it has vanished since he took office in January, remains elevated , further increasing pressure on U.S. consumers. The Trump administration has insisted that its tariffs had helped fill government coffers and weren't a major factor in higher prices at grocery stores around the country. But DemocWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times