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12.11.25 - 22:49
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Bessent: Major U.S. Moves Coming To Cut Coffee And Food Prices (ZeroHedge)
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Bessent: Major U.S. Moves Coming To Cut Coffee And Food Prices
U.S. Treasury Secretary Scott Bessent said Americans can expect “substantial announcements” in the coming days aimed at cutting prices on imported products such as coffee, bananas, and other goods not produced in the United States. Speaking on Fox and Friends, he explained that these steps would bring prices down “very quickly” and predicted that “people would start feeling better about the economy in the first half of 2026.”
The comments followed a steep drop in U.S. coffee prices as markets reacted to reports that the government plans to reduce certain import tariffs, according to Reuters.
President Donald Trump recently told Fox News that the administration would lower tariffs on coffee imports, a position he first mentioned during his October trip to Asia. His remarks come as the White House faces voter frustration over the cost of living, which Democrats made a central theme in their recent election victories acros...
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12.11.25 - 17:15
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Bessent teases announcements to cut cost of coffee, fruits (The Hill)
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Treasury Secretary Scott Bessent on Wednesday teased that the Trump administration would make announcements in the coming days to help reduce the costs of items like coffee and bananas. "You're going to see some substantial announcements over the next couple days for things we don't grow here in the U.S.," Bessent said on "Fox &......
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10.11.25 - 19:31
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The Coffee Pod Theory of Artificial Intelligence (Bloomberg)
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Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting....
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