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Investing.com -- U.S. Trade Representative Jamieson Greer said Friday that President Donald Trump is prepared to implement tariff exemptions on certain food and other products that are not manufactured in the United States.
In a live CNBC interview, Greer identified "micro-areas" of trade where U.S. tariffs are unnecessary, specifically mentioning coffee, cocoa, and bananas as examples of products not produced domestically.
Greer indicated the timing for these exemptions was appropriate following trade agreements secured with four Latin American countries on Thursday.
"And so the President’s determined, now that we have this in place, we have these deals in hand, it’s time to take off some of these tariffs on products. Products we don’t make here," Greer stated.
