The President of the United States, Donald Trump, has signed a decree to abolish the customs duties that he himself imposed, exempting products such as coffee and exotic fruit.
“I have determined that certain agricultural products should not be subject to reciprocal customs duties” implemented in April, the president of the United States explains in the decree.
The list includes products that the United States cannot grow, or in quantities that are too low compared to needs, such as coffee, tea, bananas and other exotic fruits, or pine nuts. But there are also pieces of beef, while the price of this meat has reached records in the country.
In April, the President of the United States instituted “reciprocal” tariffs of at least 10% on most products entering the United States in the name of reducing the country’s trade deficit and supporting local manufacturing.
These taxes also covered products that could not be grown on American soil. After a setback in local elections, the Republican majority has given priority again to the cost of living.
Donald Trump had been re-elected with assurances that he would improve Americans’ purchasing power. The White House wanted to highlight this week the measures taken to lower the prices of basic necessities such as petrol and eggs, as well as the announcement of an agreement aimed at reducing the prices of some slimming drugs.