WASHINGTON DC : In a significant move to alleviate the burden of rising grocery prices on American families, President Donald Trump has signed an executive order removing tariffs on more than 200 food items. The list includes everyday staples such as coffee, beef, bananas, oranges, and spices, aiming to provide relief to households struggling with inflation.

The Tariff Rollback

The decision marks a notable shift in Trump's trade policy, which had previously imposed tariffs on a wide range of imported goods. The rollback, effective immediately, is expected to lower consumer costs and ease inflation concerns. According to the White House, the exemptions target products not grown or processed in the US, such as coffee and bananas, which are primarily imported.

Key Products Affected

Beverages: Coffee, tea, and fruit juices
Meat and Poultry: Beef
Fruits and Vegetables: Bananas, oranges, tomatoes
Spices and Condiments: Various spices and fertilizers
Other: Cocoa, avocados, mangoes, and coconuts

Impact on Consumers and Businesses

The tariff exemptions are expected to benefit both American consumers and businesses. Food industry analysts predict that the move will help stabilize prices, reduce household expenses, and potentially improve the nation's import-export balance. However, some critics argue that the rollback may not fully offset inflation anchored by prior tariffs.

Reaction from Industry Groups and Politicians

Industry groups, such as the Food Industry Association, have welcomed the decision, citing the need for swift tariff relief. Meanwhile, Democrats have criticized the move as an acknowledgment that Trump's policies were hurting American pocketbooks.

Future Trade Agreements

The Trump administration has announced framework trade deals with Argentina, Ecuador, Guatemala, and El Salvador, which will eliminate tariffs on certain food imports. These agreements aim to promote reciprocal trade relationships and provide relief to consumers.

As the US heads into the holiday season, the tariff rollback is seen as a move to ease pressure on consumers and potentially boost economic activity. However, analysts caution that the reversal may only partially ease cost pressures, and the timeline for noticeable effects remains uncertain ?.