TACO, Trump canceled "reciprocal tariffs" on multiple agricultural products
Due to poor poll numbers in dealing with inflation and the economy, Trump significantly reduced import tariffs on several agricultural products, trying to lower grocery prices.
On Friday afternoon, Trump issued an executive order stating that imports of certain goods that are usually not grown or produced in the United States will no longer be subject to "reciprocal tariffs." The tariff exemptions will apply to common fruits and tropical fruits, including oranges, tomatoes, and bananas, as well as cocoa, coffee, and tea. A fact sheet provided by the White House shows that beef imports, spices, and some fertilizers have also been included in the exemption list.
In June, Commerce Secretary Rutenberg was questioned in Congress about the banana tariffs, and Rutenberg replied, "If you grow bananas in the United States, there would be no tariffs." The legislator retorted, "You can't grow bananas in the United States." (Still Wayne)
Original: www.toutiao.com/article/1848817233864708/
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