Headlines
Tariffs Dropped on Some Drinks and Foods
Action lauded by coffee and restaurant associations
To address concerns that its policies have driven up prices at grocery stores, coffee shops and restaurants, the Trump administration announced it has removed the reciprocal tariffs that it imposed earlier this year under the International Emergency Economic Powers Act on a number of agricultural products not grown or produced in sufficient quantities in the U.S. The White House said covered goods include coffee and tea; tropical fruits and fruit juices; cocoa and spices; bananas, oranges and tomatoes; beef; and some fertilizers.
The move has drawn praise from two major food-related trade groups: the National Coffee Association (NCA) and the National Restaurant Association (NRA). Below are excerpts from releases those two organizations put out in the aftermath of the tariff-related announcement:
Said NCA President and CEO Bill Murray: “NCA applauds President Trump’s action to remove reciprocal tariffs on most coffee imports, which will ease cost-of-living pressures for the two-thirds of American adults who rely on coffee each day, as well as secure coffee supplies for the U.S. companies who turn every $1 in coffee imports into $43 of U.S. economic value.
“The President has also secured important new trade deals with Switzerland, Argentina, Ecuador, El Salvador and Guatemala, which deliver further benefits for securing the supply of America’s favorite beverage.
“NCA urges all trading partners to advance similarly successful negotiations with the United States.”
Said NRA President and CEO Michelle Korsmo: “The National Restaurant Association applauds President Trump’s Executive Order removing tariffs on certain food and agricultural products. This action delivers needed relief for restaurants and their customers at a time when food costs have risen nearly 40% over the past four years. We remain committed to working with the Administration to address remaining tariffs, including country-specific ones, to keep restaurant prices affordable and supply chains strong for businesses and diners alike.
Advertisement“Restaurants depend on a steady, affordable supply of ingredients year-round. While we prioritize U.S. sourcing, many products simply cannot be grown domestically due to seasonal and climate limitations. This action will help keep menus diverse and prices reasonable, which is good for families and great for local businesses. Restaurants are more than places to eat, they’re the cornerstones of our communities and a big part of what keeps our economy moving.
“By eliminating tariffs on these goods, the Administration has taken a common-sense step to strengthen the food supply chain, reduce cost pressures, and support menu innovation. We urge the President to consider further actions on alcohol, supplies, and equipment – items which are essential to the hospitality industry.
“We commend the President for his leadership on this issue. There are a host of significant cost challenges remaining for our industry, from labor and rent to swipe fees and utilities. We look forward to working with policymakers on solutions that promote resilience and keep our doors open to serve America.”
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