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Snapshot 4:Wed, Nov 12, 2025 7:02:17 PM GMT last edited by Nick

Bessent Suggests Tariff Relief on Coffee, Bananas Amid Price Surge

Bessent Suggests Tariff Relief on Coffee, Bananas Amid Price Surge

Bessent Suggests Tariff Relief on Coffee, Bananas Amid Price Surge
Above: Fruits and vegetables at a Tropical Foods grocery store near Nubian Square in Massachusetts on Nov. 4, 2025. Image copyright: Lane Turner/The Boston Globe/Getty Images

The Spin

The Trump administration inherited an affordability crisis from Biden's spending blowout and is systematically fixing it through strategic policy moves. Energy prices hit four-year lows, mortgage rates dropped from over 7% to 6.22%, and targeted tariff relief shows smart economic management that puts American families first.

Trump's tariff relief on coffee and bananas exposes the failure of his own trade policy that drove prices sky-high in the first place. After hiking Brazil tariffs to 50% and watching coffee futures jump 45%, the administration now scrambles to fix self-inflicted damage while inflation rises every month since April.

ThereThe Trump administration inherited an affordability crisis from Biden's aspending 33%blowout chanceand thatis asystematically recessionfixing willit beginthrough instrategic thepolicy Unitedmoves. StatesEnergy inprices 2026hit four-year lows, accordingmortgage rates dropped from over 7% to the6.22%, Metaculusand predictiontargeted communitytariff relief shows smart economic management that puts American families first.

Trump's tariff relief on coffee and bananas exposes the failure of his own trade policy that drove prices sky-high in the first place. After hiking Brazil tariffs to 50% and watching coffee futures jump 45%, the administration now scrambles to fix self-inflicted damage while inflation rises every month since April.

Metaculus Prediction

There's a 33% chance that a recession will begin in the United States in 2026, according to the Metaculus prediction community.



The Controversies




© 2025 Improve the News Foundation. All rights reserved.Version 6.17.0

© 2025 Improve the News Foundation.

All rights reserved.

Version 6.17.0