President Trump on Friday night issued an executive order dropping reciprocal tariffs on dozens of food items, including drinks, spices, fruits and meat.

Why it matters: The growing affordability crisis has become a political liability for the administration. Cutting tariffs is at least one way to potentially make groceries cheaper.

Driving the news: The White House issued a statement Friday evening saying a list of foods would no longer be subject to the sweeping tariffs implemented earlier this year: • Coffee and tea; • Tropical fruits and fruit juices; • Cocoa and spices; • Bananas, oranges, and tomatoes; • Beef

The intrigue: The order marks the most significant backtracking of the administration's trade policy yet. • It suggests officials are concerned about the cost-rel

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