Back to today’s briefing

Story perspectives

Trump Eliminates Tariffs, But Food Prices Expected to Rise

11/17/2025

36 7 Full Breakdown

Summary

Story summary

On November 15, 2025, U.S. President Donald Trump signed an executive order eliminating tariffs on coffee, tropical fruits, and beef.
The Iowa Cattlemen’s Association says the move may not quickly lower beef prices due to a 70-year cattle shortage.
Trump officials say food costs will continue rising because of challenges inherited from the previous administration, including a parasite affecting cattle imports from Mexico.

1 of 1

Story summary

On November 15, 2025, U.S. President Donald Trump signed an executive order eliminating tariffs on coffee, tropical fruits, and beef.
The Iowa Cattlemen’s Association says the move may not quickly lower beef prices due to a 70-year cattle shortage.
Trump officials say food costs will continue rising because of challenges inherited from the previous administration, including a parasite affecting cattle imports from Mexico.