Jelly and coffee maker JM Smucker Co. lowered the top end of its full-year guidance after it opted to forgo a planned price increase on coffee in the wake of tariff relief from the Trump administration. https://t.co/DY38UmdKFV ...

To combat higher food prices, President Trump recently announced his administration is rolling back specific tariffs on grocery items ranging from coffee, beef, and bananas. Brazil, which provides 30% of the US coffee supply and is the largest beef exported to the US, has seen tariff roll back on both commodities from 50% to 40%. Analysts say this is not enough to lower prices.Economists warn prices are unlikely to fall anytime soon on the other products and that reason is inventories. Food on store shelves ...

Good afternoon to everyone. Um, I thought I'd start today with uh a bit of a story and it's one that took place in 2018 when I was in New Delhi and uh I went for a coffee brewing workshop, a coffee brewing 101 and that was really early on in my career and uh the host that day went around the room and asked everyone what they thought of when they heard the word coffee. Um, one answer was a cappuccino.Another answer was the aromomas that you get when you walk past a cafe. Uh, another answer was something that ...

Core Insights - President Trump emphasized the need for McDonald's to enhance the Filet-O-Fish by adding more tartar sauce, reflecting his personal preferences and customer feedback [1] - Trump humorously claimed to be the first former McDonald's fry cook to become president, using this to contrast his experience with that of his political opponent, Kamala Harris [2][4] - The president expressed his loyalty to McDonald's, highlighting that he often chose the fast-food chain over expensive catering during his campaign [4] Economic Context - Trump addressed the issue of affordability, acknowledging that while some prices remain high, his administration has made progress in reducing costs for various food items [6][10] - He reported a 14% decrease in breakfast item prices over the past six months, with specific mentions of bread, dairy, and eggs, which have seen an 86% decline since March [11] - The president credited McDonald's for contributing to price reductions and portrayed the company as a partner in his vision for economic improvement [11][12] Market Performance - Trump noted that the stock market reached an all-time high 48 times in nine months, indicating a rebound in the economy under his leadership [11] - He expressed optimism about future economic prosperity, stating that the country is on a path to becoming "richer, stronger, prouder, and happier" [12][13]

New today, the Trump administration staying on message after the president backtracked and announced he will withdraw tariffs on beef, coffee, tropical fruit, and other commodities that consumers say cost too much. >> How soon do we expect the prices on those goods now to go down. >> Right.Well, the prices for those goods weren't necessarily going up just because of tariffs. And so, uh, the prices will go down. Well, the prices will go down, of course, but But but because the tariffs have been taken off, >> ...

Trade Policy - The White House released a 98-page document detailing tariff exemptions on a wide range of products [1] - Hundreds of products are now exempt from tariffs [1] - The tariff rollback is seen as a measure to address affordability concerns in American politics [3] - The White House aims to lower costs for American consumers by rolling back tariffs previously imposed by President Trump [4] Affected Products - Products exempted from tariffs include coffee, bananas, tomatoes, avocados, mangoes, and limes [2] - Other products receiving tariff exemptions include beef and copper [2]

It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place. ...

JUST IN: 🇺🇸 President Trump signs executive order removing tariffs on beef, coffee, and other goods to lower grocery costs. ...

Sharp price increases in coffee, beef and bananas over the past year have fueled widespread frustration with the rising cost of living https://t.co/LMuuHirah3? ...

Core Points - The U.S. and Switzerland have reached a trade agreement to lower tariffs on Swiss goods from 39% to 15% [1] - Switzerland is committed to investing $200 billion in the U.S. during Trump's second presidency, including $70 billion next year [2] - The total goods trade between the U.S. and Switzerland was estimated at $88.4 billion in 2024, with Swiss watch exports to the U.S. growing significantly [4] Trade Agreement Details - The agreement aims to reduce tariffs on luxury exports from Switzerland, which include jewelry, coffee, and chocolate [1] - U.S. trade representative Jamieson Greer indicated that the agreement is "essentially" finalized [1][3] Investment Commitments - Switzerland plans to invest heavily in U.S. sectors such as pharmaceuticals and gold smelting, with Roche pledging $50 billion [2] - The commitment includes purchasing more Boeing commercial planes [2] Impact on Goods Trade - Swiss exports to the U.S. have been growing at a rate of 14% annually since 2019, significantly outpacing the global average [4] - Swiss watch exports surged 18.2% overall, with shipments to the U.S. increasing by 149% following the announcement of tariffs [4]