NEWS  /  Brief News

U.S. to Lift Tariffs on Select Latin American Imports to Ease Food Prices

Nov 13, 2025, 8:43 p.m. ET

The United States said Thursday it will remove tariffs on certain foods and other imports from Argentina, Ecuador, Guatemala and El Salvador under new framework agreements designed to expand U.S. companies’ access to those markets.

The measures are expected to lower prices for coffee, bananas and other food products, a senior Trump administration official told reporters, adding that the White House expects U.S. retailers to pass those savings on to consumers.

Most of the framework agreements with the four countries are expected to be completed within the next two weeks, the official said, with additional deals possible before year-end.

U.S. Treasury Secretary Scott Bessent said Wednesday the administration plans “substantial” announcements in the coming days aimed at reducing prices on coffee, bananas and other fruits, part of President Trump’s broader effort to bring down the cost of living for Americans.

Please sign in and then enter your comment