U.S. Treasury Cuts Tariffs on Coffee and Bananas, Signaling Price Drops for Consumers

The U.S. Treasury announced tariff reductions on imported coffee and bananas, potentially leading to lower prices for consumers. This policy shift comes as part of broader trade changes under the Trump administration. While no immediate impact on cryptocurrency markets is evident, Secretary Bessent’s announcement signifies a change in import policies with potential benefits to consumers. The move marks a shift in U.S. trade strategy but does not seem to have significantly impacted major crypto assets or regulatory landscapes.