>> Continued From the Previous Page <<
The Trump White House is pushing back hard. In a statement, spokesman Kush Desai said the President has been focused on reversing Biden-era economic damage from the moment he returned to office. “Cleaning up Joe Biden’s inflation and economic disaster has been a top focus for President Trump since Day One, when he signed an array of executive orders to unleash American energy and slash costly regulations,” Desai said. He added that the administration is working nonstop to drive down prices on “energy, food, and utilities.”
Desai continued, “The Trump administration will continue to implement and emphasize these and other economic policies that are cutting costs, raising real wages, and securing trillions in investments to make and hire in America,” according to Reuters.
Treasury Secretary Scott Bessent said on Fox and Friends that Americans should brace for big moves in the coming days aimed at lowering the cost of goods that the United States relies on foreign producers to supply. “Substantial announcements” are on the way, he said, including steps expected to push down prices for products like coffee and bananas. These changes, he noted, would bring relief “very quickly” and help Americans feel more confident by early 2026.
Markets responded immediately. Coffee prices dropped sharply on Wednesday as traders anticipated that the White House would ease certain import tariffs, making it cheaper for foreign suppliers to ship goods into the U.S. and boosting supply.
Trump is also opening a new front on the global trade stage. This week he signaled that his administration is preparing to scale back tariffs on India, a key sticking point in a tense trade relationship. The move suggests the two nations are edging closer to a long-awaited agreement that could reshape the economic ties between Washington and New Delhi.
Trump told reporters that high tariffs on Indian imports stemmed from New Delhi’s past purchases of Russian oil. “The tariffs are very high on India due to Russian oil, and they (India) have stopped doing the Russian oil very substantially,” he said. He added, “We’re gonna be bringing tariffs down…at some point, we’ll bring them down.”
The administration slapped a 25 percent tariff on Indian products after India continued buying Russian crude. Trump has repeated claims that India intended to wind down those purchases, and now appears poised to reward that shift.
Negotiators from both nations continue working toward the first phase of a major bilateral trade pact. According to The Economic Times, the deal aims to more than double annual trade to $500 billion by 2030, a massive jump from the current $191 billion.
As Trump prepares to hit the road, the message is simple: he is taking direct action to lower prices, rebuild economic stability, and clean up what he repeatedly calls Biden’s “mess.” And with inflation still hammering American families, the White House believes voters are ready to hear it.
