Trade war is back on as White House floats a new minimum 10% tariff plan—with carveouts for coffee, beef, and microchip suppliers
- Posted on June 3, 2026
- By Fortune
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- 1 min read
Trade war is back on as White House floats a new minimum 10% tariff plan—with carveouts for coffee, beef, and microchip suppliers
"The proposed tariff exemptions for key foodstuffs seem to indicate that someone in the administration is aware of the way high-frequency purchases are shaping inflation perceptions."