The White House announced on Thursday (November 13) new trade framework deals with Argentina, Guatemala, El Salvador, and Ecuador aimed at reducing the costs of certain groceries. These agreements are part of President Donald Trump 's efforts to address rising food prices, particularly for bananas and coffee, which have seen significant price increases over the past year.

The new trade frameworks focus on reducing non-tariff barriers and providing tariff relief on select products from these countries. According to a senior administration official, the deal with Argentina will exempt beef from the existing 10 percent tariff, although it does not change the quota for beef exports to the U.S. The agreements with the other countries primarily focus on non-tariff trade barriers, including

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