Trump cuts tariffs on food imports, including Australian beef, amid price fears

US President Donald Trump has signed an executive order to exempt a wide range of food imports, including beef, tomatoes, coffee and bananas, from sweeping tariffs imposed earlier this year on nearly every country. The move means Australian beef — one of Australia’s leading exports to the US — will no longer be subject to a 10 per cent tariff. The order is part of a major push by Trump and his top officials to address Americans’ growing concerns about persistently high grocery prices. The new exemptions — which take effect retroactively at midnight on Thursday — mark a sharp…