The United States has granted additional exemptions on Philippine products covering key agricultural produce such as coconuts, pineapples, bananas, and mangoes from US President Donald Trump’s 19% reciprocal tariff rate.

The White House announced that Trump signed an executive order exempting certain agriculture products from reciprocal tariffs he imposed April 2.

President Donald Trump lowered but did not eliminate reciprocal tariffs on beef, fruits, coffee and other foods in an effort to lower food prices.

It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place.

Ag products not grown or produced enough in the U.S.—including coffee, fruit and some fertilizers—are being removed from Trump’s reciprocal tariff list. The move also lifts tariffs on one major ag import: beef.

Trump’s decision to lower the tariffs comes as economic concerns helped propel Democrats to a series of recent election wins this month

Washington — The Trump administration has reached frameworks for reciprocal trade agreements with Argentina, Guatemala, El Salvador and Ecuador, the White House announced Thursday, although details of the frameworks are still emerging.

If the proposal goes into effect, it would be the latest rollback of one of President Trump’s key economic policies over concerns about affordability.

There is new evidence of global pain stemming from President Trump's trade policy, which single-handedly scrambled the world economy. Why it matters: From China to Switzerland, the economic readjustment to double-digit tariffs has been bumpy.