Nov 12, 2025

🎥Treasury Secretary says price drops coming on coffee and bananas

Posted Nov 12, 2025 4:30 PM
Image Pixaby
Image Pixaby

WASHINGTON (AP) —Treasury Secretary Scott Bessent says the Trump administration will soon be making “substantial announcements” about steps it will take to reduce the price of food items not grown in the United States. He cited coffee, bananas and other fruits he didn’t name.

“Things like that that will bring the prices down very quickly,” Bessent said during an interview of Fox News Channel’s “Fox & Friends.”

Bessent’s announcement comes as Trump insists costs are down since he took office nine months ago, despite economic data that shows otherwise