Thu, 13 Nov 2025

Thu, 13 Nov 2025 Trump to ease coffee and banana tariffs in Latin America trade deals

The Trump administration on Thursday announced frameworks for trade deals with four Latin American countries, which senior officials said will include tariff relief on coffee and bananas.
The US has agreed to lower tariffs on coffee and bananas from four Latin American countries: Argentina, Guatemala, El Salvador, and Ecuador. As part of the deal, which aims to address concerns about affordability, the US will exempt certain products that cannot be produced domestically in sufficient quantities, including coffee. The agreement also addresses beef producers' access to foreign markets, with a focus on expanding trade between the US and Argentina. According to senior administration officials, prices for coffee and bananas may fall as tariffs ease, but it's unclear whether retailers and wholesalers will pass along savings to consumers. The deals are part of a larger effort by the Trump administration to renegotiate trade agreements with dozens of countries.
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