US Prepares for Large-Scale Tariff Exemptions to Curb Rising Food Prices!
The US government may announce large-scale exemptions from existing tariffs to address rising food prices domestically.
The New York Times reported that this measure could affect some so-called retaliatory tariffs imposed by the US in April, which might prevent the import of products from countries that have not yet reached a trade agreement with Washington.
Earlier this week, US Treasury Secretary Scott Bensoni stated that Washington will announce measures in the coming days to lower the prices of a range of agricultural products, including coffee and bananas, and tariff exemptions may also apply to imported beef and citrus fruits.
Original article: www.toutiao.com/article/1848724091006345/
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