Trump cuts tariffs on some imports as price anger rises

President Donald Trump on Friday signed an executive order retroactively lowering tariff's on a range of agricultural imports, including beef, tomatoes, coffee and bananas, with the change taking effect from 20 November, CNN reported.

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The order removes these goods from the “reciprocal” tariff system, which applies rates between 10 per cent and 50 per cent.

However, it doesn‘t eliminate tariffs altogether. For example, tomatoes imported from Mexico ~ a major supplier for the US ~ will still face a 17 per cent tariff.

That rate has been in place since July, after a nearly 30-year-old trade deal expired, and tomato prices jumped soon after, as per CNN.