Trump Admin Plans to Lower Coffee, Banana Prices

Treasury Secretary Scott Bessent announces plans to reduce prices of coffee, bananas, and other fruits, following Trumps hint at lowering tariffs to address affordability concerns. The consumer price index shows a 19% increase in coffee prices over the last year, with the U.S. relying heavily on imports. Trumps tariffs on Brazilian goods are being challenged in the Supreme Court, as economists disagree with the administrations stance on tariffs not increasing prices. Affordability was a major concern for voters in recent elections.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.