The White House cited ’substantial progress in recent trade negotiations’ while announcing the change.
President Donald Trump issued an executive order on Nov. 14 removing reciprocal tariffs on coffee, beef, and other agricultural products.
“Today’s Order follows the significant progress the President has made in securing more reciprocal terms for our bilateral trade relationships,” the White House stated. “President Trump’s deals have had and will continue to have broad impacts on domestic production and the economy as a whole.”
In his executive order, Trump said that he determined changes were necessary after receiving additional information and recommendations from officials monitoring conditions related to trade imbalances.
This is a developing story and will be updated.
By Sam Dorman
