Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
WASHINGTON, November 15 (Xinhua) — U.S. President Donald Trump's administration issued an executive order on Friday to eliminate "equivalent" tariffs on some agricultural products to ease rising prices.
According to a document released by the White House, products no longer subject to the tariffs include coffee and tea, tropical fruits and fruit juices, cocoa and spices, bananas, oranges and tomatoes, beef and some types of fertilizer.
The order took effect on Thursday. Existing duties will be refunded.
U.S. President Donald Trump has determined that further review of the "equivalent" tariffs is necessary and appropriate given the significant progress in bilateral trade negotiations, current domestic demand for certain products, and domestic production capacity for certain products, according to a White House statement.
Tariff waivers are intended to lower prices and are primarily applied to foods that are "not competitive in this country," such as bananas, Trump told reporters on Friday.
The annualized increase in the US consumer price index for September 2025 was 3 percent, compared to 2.9 percent in August 2025. In particular, prices for beef and veal in September increased by 14.7 percent compared to the same period last year, and coffee by 18.9 percent. –0–
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