Bessent says 'substantial' tariff relief on coffee and bananas is coming soon

Treasury Secretary Scott Bessent said "substantial" tariff relief for coffee and bananas is coming soon

Treasury Secretary Scott Bessent said Wednesday that "substantial" tariff relief for a number of everyday consumer items would be announced shortly.

Bessent, speaking on Fox News Channel, said that while "it's tough to do a lot of specific things," the administration would be moving to cut duties on a number of "things that we don't grow here in the United States."

He indicated that coffee, bananas and other fruits would be among the items to see some import tax relief, but did not say how.

"That will bring prices down very quickly," Bessent told "Fox and Friends."

Treasury Secretary Scott Bessent outside the West Wing of the White House on Oct. 22.Jim Watson / AFP via Getty ImagesPresident Donald Trump also promised tariff relief on coffee this week.