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Trump's Trade Deals Seek to Ease Grocery Costs for Americans
15 Nov
Summary
- Trump reaches trade deal frameworks with 4 Central/South American nations
- Deals aim to lower tariffs on products not made in the U.S.
- Experts say this could reduce prices for some items like bananas
On November 15, 2025, the White House revealed that President Donald Trump has reached trade deal frameworks with four Central American and South American nations. The goal of these deals is to lower trade barriers, including some of the tariffs imposed by Trump earlier in the year.
While the specific products due for tariff reductions were not mentioned, the deals are expected to focus on items that cannot be produced domestically in the United States. Experts say this move could help alleviate some of the pressure on price increases caused by the previous tariffs, particularly for heavily imported goods like coffee and bananas.
However, economists caution that the impact on overall consumer costs may be limited, as factors like supply chain adjustments and retailer decisions could absorb some of the potential savings. Nonetheless, prices for certain products, especially fresh produce with smaller processing and marketing costs, are anticipated to see more significant declines in the coming months.
