After Trump Announced A Plan To Roll Back Tariffs On These Common Grocery Items, Everyone's Noticing The Same Thing

It’s no secret that grocery prices have been creeping up again, and tariffs on common imported items like coffee, tea, and produce contribute to rising costs. Person shopping in a grocery store, examining packaged meats in the refrigerated section. Shopping cart is partially visible

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On Friday, President Donald Trump shared a proposal to eliminate tariffs on items like bananas, beef, and coffee in an attempt to slow the grocery inflation that he’s recently denied is even happening. A man in a suit and tie is speaking to reporters inside an airplane. Cameras and microphones are pointed towards him

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“We just did a little bit of a rollback on some foods like coffee,” Trump said a few hours after the announcement. He admitted that the tariffs have “in some cases” raised consumer prices, but he maintained that “to a large extent they’ve been borne by other countries.”

You probably already know this, but that’s not how tariffs work.

While some people are celebrating the news: COFFEE, BEEF, AND BANANAS JUST GOT CHEAPER THANKS TO TRUMP Trump just signed an order dropping import taxes on everyday foods like beef, coffee, bananas, and avocados Others have some notes: So let me get this straight: The President’s plan to lower prices is to roll back some of his own tariffs?…and he wants credit for this? GrandpaHarris65 / Via x.com

If only we could remember whose idea the tariffs were, but alas, that info is lost to the sands of time. Tweet by Annie: "He's the one that created the problem in the first place with his tariffs!" followed by a thinking emoji AnnieForTruth / Via x.com

Just kidding, we all remember.

One person wrote, “This is the equivalent of getting car jacked and then the carjacker offers to give you a ride home.” cturnbull1968 / Via x.com

And others have pointed out that MAGA has long denied that tariffs raise prices, so it feels a little off to see them celebrate the idea of prices coming down if tariffs get reversed. Funny watching all the MAGA influencers celebrate Trump for rolling back tariffs on beef and coffee — after spending the whole year arguing tariffs don’t raise prices Back in April (which feels like a hundred years ago), I spoke with Bankrate Senior Economic Analyst Mark Hamrick to learn what to expect from tariffs. He cautioned that prices tend to shoot up like they’re on an elevator, but when or if they start to come back down, they move more slowly like they’re taking the stairs. He said, “There’s more elasticity with prices going up than there tends to be both in speed and magnitude going down. We see that all the time, whether it’s gasoline prices or other things.” A hand holds a grocery basket filled with produce; a rising red arrow and dollar signs symbolize increasing grocery prices

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While some items like bananas could see prices tumble back down without the tariffs, it may not work across the board. Experts have warned that for some items like coffee, global shortages and supply chain issues mean that easing tariffs now may have little effect on the prices we pay at the grocery store. Person holding grocery basket with bananas, bell peppers, and greens at a supermarket, suggesting shopping or healthy eating

Oscar Wong / Getty Images

So as much as it would make my day, my week, my month, etc., to pay less for groceries, I’m not holding my breath.What do you think? Have you noticed higher grocery prices? Let me know in the comments.

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