Trump Rolls Back Tariffs On Brazil Amid Soaring Coffee And Beef Prices: Cites 'Ongoing' Negotiations - Pilgrims Pride (NASDAQ:PPC), Starbucks (NASDAQ:SBUX)

President Donald Trump eliminated tariffs on certain Brazilian exports in a move aimed at tackling soaring grocery prices, amid progress on trade negotiations with the South American nation.Negotiations Are ‘Ongoing’In a new executive order issued on Thursday, Trump modified the sweeping 40% tariffs imposed on Brazil earlier this year under Executive Order 14323.Trump pointed to his call with Brazilian President Luiz Inácio Lula da Silva last month, and “initial progress in negotiations with the Government ...