News-News.Zip

News in English (USA) / 12.11.2025 / 20:00

Imminent Tariff Relief on Coffee and Bananas Announced

U.S. Treasury Secretary Scott Bessent has announced that substantial relief is coming soon for coffee and banana prices, as well as other agricultural products. In a series of statements, Bessent emphasized that the Trump administration is working swiftly to lower tariffs, which have contributed to rising costs for consumers. The potential tariff cuts are expected to provide significant financial relief, particularly affecting staple groceries like coffee and fruits. Bessent reassured that actions are anticipated in the coming days, with markets already reacting positively to the news. This initiative comes amid ongoing concerns about the rising cost of living and aims to ease the financial burden on American households.
Axios, NBC News, Bloomberg.com, The Hill, Politico, Reuters, The Wall Street Journal, Business Insider, Daily Coffee News by Roast Magazine, World Coffee Portal