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Tariff relief at the grocery store

Tariff relief at the grocery store
Data: Bureau of Labor Statistics; Chart: Axios VisualsDozens of food items will no longer face President Trump's sweeping global tariffs — including grocery staples like coffee, some fruits and orange juice.Why it matters: The fresh exemptions — cheered by some industry groups — are aimed at addressing an affordability crisis that has worsened since the imposition of steep import taxes. Tariffs on food that the U.S. does not and cannot produce domestically have put more pressure on consumer budgets. The levies have worsened voters' perception of the Trump economy.Zoom in: Here are some grocery items that will no longer be subject to the Trump's tariffs:☕️ Coffee and tea🥩 Beef🧂 Seasoning and spices (coriander, cumin, turmeric, ginger and more)🍍 Tropical fruit (oranges, mangoes, bananas, pineapples)🥑 Avocados🥜 Nuts (cashews, pine nuts, macadamia)🍅 Tomatoes🧃 Fruit juicesYes, but: Don't expect grocery items to plunge from the tariff rollback.Wholesalers and retailers might pass along some of the tariff savings to consumers. But cost pressures stem from a slew of other factors — including climate risks and labor shortages. See the full list.

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