The administration of U.S. President Donald Trump is preparing significant tariff reductions on a range of food products, a move aimed at alleviating growing public concern over rising grocery bills. This initiative, reported by Yahoo! Finance, was confirmed on November 14, 2025.
Targeted Tariff Relief for Consumers
The planned cuts will directly impact the cost of everyday food items. Tariffs on popular goods like coffee and bananas are set to be lowered. This action is part of a broader strategy that also includes the establishment of new trade agreements with several nations, namely Argentina, Ecuador, and El Salvador.
This policy shift comes as American citizens express increasing anxiety over food affordability. The issue has gained significant political traction, with the Democratic Party recently securing electoral victories in key local and state races where their candidates heavily emphasized the cost-of-living crisis.
Legal Challenges and Trade Agenda
President Trump has publicly acknowledged that American consumers are ultimately "paying" for the tariffs he previously imposed. The legality of these tariffs is currently under scrutiny, with a verdict pending from the U.S. Supreme Court.
The core question before the court is whether the President possesses the authority to enact the majority of these tariffs. Should the Supreme Court rule against the administration, officials have indicated they will seek alternative methods to advance the President's trade agenda.
New Agreement with Switzerland
Concurrently with the domestic food tariff cuts, the Trump administration is moving to lower trade barriers with Switzerland. Following a meeting between Swiss officials and U.S. Trade Representative Jamieson Greer, it was announced that tariffs on Swiss products entering the U.S. will drop dramatically from 39% to 15%.
Greer explained to CNBC that this new trade pact is expected to redirect a substantial amount of manufacturing to the United States. Key sectors identified for this shift include:
- Railway equipment
- Gold smelting
- Pharmaceuticals
This agreement could make several prominent Swiss exports more affordable for American buyers, such as medical equipment, unsmelted gold, and wristwatches. A primary objective of the deal is to reduce the U.S. trade deficit with Switzerland, which stood at $38 billion in 2024, according to data from the U.S. Commerce Department. Prior to President Trump's second term, tariffs on Swiss goods were typically in the range of 0% to 2.5%.
