U.S. President Donald Trump on Friday abruptly backed down on his signature "reciprocal" tariff strategy, cutting duties on a myriad of agricultural products popular with American consumers in the face of rising grocery prices and falling opinion poll numbers.Trump, who claims that the cost of living has dropped since his return to office in January, signed an executive order retroactively exempting beef, coffee, green tea, bananas and many other farm products from his sweeping tariffs imposed on imports from nearly all countries.The order came as U.S. consumers and businesses have grown in…READ FULL ARTICLE
