Tariffs

Bessent Teases ‘Substantial’ Tariff Moves to Bring Down Food Prices

Prices of coffee, bananas, and other grocery items could come ‘down very quickly,’ Treasury secretary said.
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Bessent Teases ‘Substantial’ Tariff Moves to Bring Down Food Prices
Shoppers at a grocery store in Centreville, Va. on Nov. 2, 2025. Madalina Kilroy/The Epoch Times
Andrew Moran
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Treasury Secretary Scott Bessent said the Trump administration is poised to reveal “substantial” tariff actions in the coming days.

Bessent, appearing on “Fox and Friends” on Nov. 12, stated that tariff-related decisions would be unveiled that could help provide relief to Americans facing higher costs for coffee and other grocery items that are not produced domestically.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."