U.S. President Donald Trump’s decision to remove a key tariff on Brazilian coffee and beef may deliver some relief to markets and American consumers who have struggled with soaring prices for the key staples.

Brazil is the top global supplier of both commodities, and a 40% tariff announced in July caused shipments into the U.S. to slump. The resulting supply squeeze had aggravated a price surge for consumers already facing decades-high food inflation.

The executive order signed by Trump on Thursday is expected to ease that pressure. Last week, he cut a separate 10% duty off those products.

“Two-thirds of American adults drink coffee each day, and every cup will cost less thanks to President Trump’s decision to remove tariffs on coffee imports from Brazil,” the National Coffee Associatio

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