U.S. to ease tariffs on coffee and bananas
From the BBC World Service: Donald Trump is set to cut import taxes on products like coffee, bananas, and beef as part of trade agreements with four Latin American countries, aimed at easing food prices. A tariff of 10% will stay on most goods from Guatemala, Argentina, and El Salvador, as will a 15% tax on imports from Ecuador. But staples like coffee and bananas, which the U.S. can’t produce enough of, will be exempt.
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