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Rizzle
  • 4 days ago
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00:00Trump Admits Defeat The Donald Trump administration recently
00:04reversed one of its most visible economic policies, issuing an executive order exempting
00:09more than 100 food items from tariffs the White House once framed as central to U.S.
00:13economic strength.
00:15News.com has learned that the change marked one of the first major acknowledgments that
00:19the tariff policy had become politically costly and economically difficult to defend.
00:25Trump's executive order described the move as necessary and appropriate, citing domestic
00:30demand, production capacity, and ongoing trade discussions.
00:34The exemptions include everyday consumer staples such as citrus, beef, and coffee, goods widely
00:39affected as prices increased over the year.
00:42Furthermore, internal polling reported by The New York Times showed voter frustration
00:46rising as grocery prices reached their highest national average in more than a decade.
00:51The tariff rollback followed months of pressure from agricultural groups, governors in swing
00:56states, and rural lawmakers historically aligned with Trump.
01:00Grocery prices have become a weekly barometer of public sentiment, and the administration's
01:05shift indicates concern over how tariffs could affect voter behavior ahead of the 2026 midterms.
01:11Instead, a spokesperson referred to the change as targeted modifications, a framing that contrasts
01:18with the scale of the exemptions listed in the order.
01:21As the U.S. imposed tariffs, major trading partners diversified their networks.
01:26Europe expanded deals with Asian markets, and Latin American countries strengthened agricultural
01:31trade with China.
01:33One economist described it as the consequence of isolation without leverage.
01:38Tariffs have been central to Trump's claim that economic confrontation signals national
01:42strength.
01:43The rollback marked one of the clearest signs that the tariff strategy has created domestic
01:47strain and seeded ground internationally.
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