from Common Dreams
Although President Donald Trump didn’t actually confess that his global trade war is driving up the cost of groceries for Americans, he did finally drop his dubiously named “reciprocal” tariffs on key imports on Friday.
According to a White House fact sheet, Trump’s new executive order ends his tariffs on beef; cocoa and spices; coffee and tea; bananas, oranges, and tomatoes; other tropical fruits and fruit juices; and fertilizers.
The New York Times had reported Thursday that “the Trump administration is preparing broad exemptions to certain tariffs in an effort to ease elevated food prices that have provoked anxiety for American consumers.”
The reporting drew critiques of the administration’s economic policies, including from members of Congress such as Senate Finance Committee Ranking Member Ron Wyden (D-Ore.), who said that “Trump just admitted it: Americans are footing the bill for his disastrous tariffs.”...
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