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383
RWSGFY
2025 Nov 14, 3:21pm
RWSGFY
2025 Nov 14, 3:21pm
Trump Implements Major Rollback of Food Tariffs
The president moved to lower duties on beef, coffee and dozens of other goods
WASHINGTON—President Trump on Friday moved to lower tariffs on beef, coffee and dozens of agricultural and food goods, marking a significant rollback of his so-called reciprocal levies as he looks for ways to address Americans’ concerns about the cost of living.
Trump issued an executive order modifying the reciprocal levies he imposed on virtually every trading partner in August, exempting more than a hundred common food items including fruits, nuts and spices.
The move continues a shift away from Trump’s maximalist tariff policy. When the president announced his reciprocal tariffs this spring, his economic team insisted there would be no exemptions to the levies. They later relented, removing duties on certain items not produced in the U.S., or available in sufficient quantities from domestic suppliers to meet demand.
The newly exempted products on Friday, however, include many products commonly produced in the U.S.—such as beef, which has risen to record prices in recent months.
384
Patrick
2025 Nov 15, 11:23am
Patrick
2025 Nov 15, 11:23am
I agree on removing tariffs on coffee and bananas, but not on beef.
We cannot grow coffee or bananas, but America has enough land for cattle that we should be able to supply the whole US easily.
We cannot grow coffee or bananas, but America has enough land for cattle that we should be able to supply the whole US easily.
385
Eric_Holder
2025 Dec 8, 1:46pm
Eric_Holder
2025 Dec 8, 1:46pm
President Trump on Monday unveiled $12 billion in aid to US farmers, as the agricultural sector deals with the fallout from his sweeping tariff policies. Trump and other top administration officials discussed the package at a roundtable event with farmers at the White House.
The sector has been hit particularly hard from the president's ever-changing trade policies, as they have struggled to sell crops and been hit by higher costs. Soybean exports have come in particular focus, with trade slowing to a crawl as China virtually halted its purchases before the countries agreed to a trade truce in October.
386
HeadSet
2025 Dec 8, 3:53pm
HeadSet
2025 Dec 8, 3:53pm
Patrick says
I always wonder why Americans have adopted a taste for Injun foods like corn, tomatoes, potatoes, sweet potatoes, lima beans, maple syrup, cocoa, pineapple, and turkey, but never a taste for bison meat. Bison herds seem much easier to raise than cattle.
America has enough land for cattle that we should be able to supply the whole US easily.
I always wonder why Americans have adopted a taste for Injun foods like corn, tomatoes, potatoes, sweet potatoes, lima beans, maple syrup, cocoa, pineapple, and turkey, but never a taste for bison meat. Bison herds seem much easier to raise than cattle.
390
TheAntiPanicanLearingCenter
2025 Dec 17, 10:34pm
TheAntiPanicanLearingCenter
2025 Dec 17, 10:34pm
Patrick says
The beef prices are almost wholly bottlenecks due to ridiculous FDA regulations, that engender monopolies (some states have only one meatpacker), etc.
National Security requires a polypoly of meat packers.
We cannot grow coffee or bananas, but America has enough land for cattle that we should be able to supply the whole US easily.
The beef prices are almost wholly bottlenecks due to ridiculous FDA regulations, that engender monopolies (some states have only one meatpacker), etc.
National Security requires a polypoly of meat packers.
391
MolotovCocktail
2025 Dec 19, 3:10pm
MolotovCocktail
2025 Dec 19, 3:10pm
But...but we were told that tariffs would cause ruinous housing material costs!!!!
392
HeadSet
2025 Dec 20, 1:40pm
HeadSet
2025 Dec 20, 1:40pm
MolotovCocktail says
Why? I did plenty of house restoration work back in the day and all the lumber, siding, bricks, concrete, drywall, roofing, plumbing, electric, and HVAC were all US made. Same with carpet and flooring. Toilet guts like Fluidmaster were imported, but Korky had American made alternatives.
But...but we were told that tariffs would cause ruinous housing material costs!!!!
Why? I did plenty of house restoration work back in the day and all the lumber, siding, bricks, concrete, drywall, roofing, plumbing, electric, and HVAC were all US made. Same with carpet and flooring. Toilet guts like Fluidmaster were imported, but Korky had American made alternatives.
393
MolotovCocktail
2026 Jan 5, 5:11pm
MolotovCocktail
2026 Jan 5, 5:11pm
HeadSet says
Because since the day we have replaced a lot of domestic building materials with imports. Esp lumber.
MolotovCocktail says
But...but we were told that tariffs would cause ruinous housing material costs!!!!
Why? I did plenty of house restoration work back in the day and all the lumber, siding, bricks, concrete, drywall, roofing, plumbing, electric, and HVAC were all US made. Same with carpet and flooring. Toilet guts like Fluidmaster were imported, but Korky had American made alternatives.
Because since the day we have replaced a lot of domestic building materials with imports. Esp lumber.
396
HeadSet
2026 Jan 9, 12:28pm
HeadSet
2026 Jan 9, 12:28pm
MolotovCocktail says
Yes, why is it so hard for people in a market economy to understand elasticity of demand? Ask any non-DEI business major and he/she will tell you that prices are set to maximize revenue. If already at the best market price, raising prices will lower sales enough to lower the revenue. Therefore, tariff costs are paid mostly by the importer for all but highly inelastic products.
Yes, why is it so hard for people in a market economy to understand elasticity of demand? Ask any non-DEI business major and he/she will tell you that prices are set to maximize revenue. If already at the best market price, raising prices will lower sales enough to lower the revenue. Therefore, tariff costs are paid mostly by the importer for all but highly inelastic products.
398
FortWayneHatesRealtors
2026 Jan 13, 6:02pm
MolotovCocktail says
You listen to Fox for unbiased coverage? Same people who sold you Iraq war… Same people who hated Trump, first to call it for Biden, supported Ukraine War?
You listen to Fox for unbiased coverage? Same people who sold you Iraq war… Same people who hated Trump, first to call it for Biden, supported Ukraine War?
399
TheAntiPanicanLearingCenter
2026 Jan 13, 6:56pm
TheAntiPanicanLearingCenter
2026 Jan 13, 6:56pm
FortWayneHatesRealtors says
Inflation is at 2.7%, it's not disputed.
Prices didn't regress to before Biden, but that seldom happens. And if it did, it would be far more likely to usher in a Depression. Deflation is a hallmark of classic downturns.
You listen to Fox for unbiased coverage? Same people who sold you Iraq war… Same people who hated Trump, first to call it for Biden, supported Ukraine War?
Inflation is at 2.7%, it's not disputed.
Prices didn't regress to before Biden, but that seldom happens. And if it did, it would be far more likely to usher in a Depression. Deflation is a hallmark of classic downturns.
400
MolotovCocktail
2026 Jan 13, 8:52pm
MolotovCocktail
2026 Jan 13, 8:52pm
FortWayneHatesRealtors says
2.7% core inflation is real or not?
The sky's color is (usually) blue or not?
You listen to Fox for unbiased coverage? Same people who sold you Iraq war… Same people who hated Trump, first to call it for Biden, supported Ukraine War?
2.7% core inflation is real or not?
The sky's color is (usually) blue or not?
401
Misc
2026 Jan 13, 9:46pm
MolotovCocktail says
Not real. It was a trick question.
The core inflation rate year over year was only 2.6%.
2.7% core inflation is real or not?
Not real. It was a trick question.
The core inflation rate year over year was only 2.6%.
402
MolotovCocktail
2026 Jan 13, 9:48pm
MolotovCocktail
2026 Jan 13, 9:48pm
Misc says
So? What does that have to do with Fox News?
They didn't come with that number. They are just reporting it.
Not real.
The core inflation rate year over year was only 2.6%.
So? What does that have to do with Fox News?
They didn't come with that number. They are just reporting it.
403
Misc
2026 Jan 13, 9:56pm
MolotovCocktail says
Fox reported it right. Year over year inflation was 2.7%. You're the one that added the "Core" moniker. That one is only 2.6%.
Bless tariffs.
So? What does that have to do with Fox News?
They didn't come with that number. They are just reporting it.
Fox reported it right. Year over year inflation was 2.7%. You're the one that added the "Core" moniker. That one is only 2.6%.
Bless tariffs.
404
TheAntiPanicanLearingCenter
2026 Jan 13, 10:20pm
TheAntiPanicanLearingCenter
2026 Jan 13, 10:20pm
The real help to the economy and the most important thing for Trump to do is not bailout the housing market, and veto Congress from doing so.
If we can pound down the housing costs, keep inflation mild, and start re-industrializing a bit, then we'll have a great economy for all again.
If we can pound down the housing costs, keep inflation mild, and start re-industrializing a bit, then we'll have a great economy for all again.
405
AD
2026 Jan 13, 10:26pm
AD
2026 Jan 13, 10:26pm
TheAntiPanicanLearingCenter says
True, as that means a deflationary spiral. Buyers will remain on the sidelines and prices will spiral down.
Townhomes here in Panama City Beach that are priced at least 20% below the all time high prices set in 2022 are now selling.
The market here from 2023 to 2025 essentially was frozen with a 30 yr mortgage rate at least 7% and homes still priced as if it is early 2022.
Deflation is a hallmark of classic downturns.
True, as that means a deflationary spiral. Buyers will remain on the sidelines and prices will spiral down.
Townhomes here in Panama City Beach that are priced at least 20% below the all time high prices set in 2022 are now selling.
The market here from 2023 to 2025 essentially was frozen with a 30 yr mortgage rate at least 7% and homes still priced as if it is early 2022.
406
FortWayneHatesRealtors
2026 Jan 14, 1:11pm
AD says
In late 70s to end inflation fed raised rates sky high. We didn’t die of “deflation spiral”. Everyone whined, but we were fine. Buying a house wasn’t considered permanent cash cow. Today everyone is so leveraged into inflation, that price corrections are emotionally unacceptable. What do you mean my stocks don’t go up by 10%, where are the guarantees!! That’s literally attitude today.
It’s weird man, everyone just assumes a bailout and perm inflation. I don’t think it’s a good thing.
TheAntiPanicanLearingCenter says
Deflation is a hallmark of classic downturns.
True, as that means a deflationary spiral. Buyers will remain on the sidelines and prices will spiral down.
Townhomes here in Panama City Beach that are priced at least 20% below the all time high prices set in 2022 are now selling.
The market here from 2023 to 2025 essentially was frozen with a 30 yr mortgage rate at least 7% and homes still priced as if it is early 2022.
In late 70s to end inflation fed raised rates sky high. We didn’t die of “deflation spiral”. Everyone whined, but we were fine. Buying a house wasn’t considered permanent cash cow. Today everyone is so leveraged into inflation, that price corrections are emotionally unacceptable. What do you mean my stocks don’t go up by 10%, where are the guarantees!! That’s literally attitude today.
It’s weird man, everyone just assumes a bailout and perm inflation. I don’t think it’s a good thing.
407
stereotomy
2026 Jan 14, 1:38pm
stereotomy
2026 Jan 14, 1:38pm
FortWayneHatesRealtors says
It's good until it isn't anymore, just like playing musical chairs on the deck of the Titanic.
Whaddaya gonna do? Steal a lifeboat and drift around the North Atlantic by yourself?
A better choice would have been to never board, but it seems like we've all been born aboard en route.
It’s weird man, everyone just assumes a bailout and perm inflation. I don’t think it’s a good thing.
It's good until it isn't anymore, just like playing musical chairs on the deck of the Titanic.
Whaddaya gonna do? Steal a lifeboat and drift around the North Atlantic by yourself?
A better choice would have been to never board, but it seems like we've all been born aboard en route.
408
Glock-n-Load
2026 Jan 14, 7:24pm
FortWayneHatesRealtors says
Of course it’s not a good thing.
AD says
TheAntiPanicanLearingCenter says
Deflation is a hallmark of classic downturns.
True, as that means a deflationary spiral. Buyers will remain on the sidelines and prices will spiral down.
Townhomes here in Panama City Beach that are priced at least 20% below the all time high prices set in 2022 are now selling.
The market here from 2023 to 2025 essentially was frozen with a 30 yr mortgage rate at least 7% and homes still priced as if it is early 2022.
In late 70s to end inflation fed raised rates sky high. We didn’t die of “deflation spiral”. Everyone whined, but we were fine. Buying a house wasn’t considered permanent cash cow. Today everyone is so leveraged into inflation, that price corrections are emotionally unacceptable. What do you mean my stocks don’t go up by 10%, where are the guarantees!! That’s literally attitude today.
It’s weird man, everyone just assumes a bailout and perm inflation. I don’t think it’s a good thing.
Of course it’s not a good thing.
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In Canada the government with its controlled media, whipped up Canadians into an anti-American frenzy. They pushed not buying US products, booed the US national anthem and even had its hockey team attack the US team. Nothing happened to deter the Fentanyl. Whay do you think is going to happen now that the month is up ????
In Mexico, there was a push for cartel friendly laws and a prohibition on using GMO corn (an American product). What the fuck do you think is going to happen ???
Their respective currencies are going to look like toilet paper and that's just the start.
For China. They didn't do anything about the Fentanyl, so they get an extra 10% tariff with the thought of more to come if they don't get a move on.