By CryptoNewsHub Staff | 07:14 CET EUROPE

The Trump administration is weighing a sweeping set of tariff exemptions aimed at lowering food prices across the United States, according to a report from The New York Times, which cited three individuals familiar with the internal discussions.

According to these sources, the proposal would create significant carve-outs for key agricultural imports — including beef, citrus products, and other essential food goods. While the plan remains under review, President Donald Trump has not yet issued final approval.

Officials are also examining whether to expand exemptions to countries that do not currently have formal trade agreements with the United States, a move that could further broaden the policy’s reach and soften the impact of existing tariffs on consumer food costs.

Building on Earlier Trade Reviews

The deliberations follow a September executive order that instructed Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer to conduct a comprehensive review of more than 1,000 tariff categories.

Two individuals familiar with the matter told the Times that Lutnick specifically pushed for food-related exemptions, citing growing pressure from retailers, consumer groups, and agricultural importers struggling with elevated costs.

Economic and Political Context

The administration’s renewed focus on food tariffs comes amid rising concerns over grocery prices and inflationary pressures throughout the supply chain. Exempting major food products could provide rapid relief for both consumers and businesses, though trade experts note it may also weaken leverage in ongoing negotiations with certain trading partners.

Should the plan move forward, the exemptions would represent one of the most significant adjustments to the Trump-era tariff structure in recent years — particularly in sectors that directly affect household budgets.

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