Bessent Teases Substantial Tariff Moves to Bring Down Food Prices

TariffsPrices of coffee, bananas, and other grocery items could come ‘down very quickly,’ Treasury secretary said.0Treasury 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.