Account

The Actual News

Just the Facts, from multiple news sources.

Bessent says "substantial" relief imminent on coffee, fruit prices

Bessent says "substantial" relief imminent on coffee, fruit prices

Summary

Treasury Secretary Scott Bessent announced that significant steps will soon be taken to lower the prices of coffee and certain fruits. These measures aim to help with the rising costs of groceries.

Key Facts

  • Scott Bessent is the Treasury Secretary.
  • Bessent said actions are coming soon to reduce grocery prices.
  • Coffee and some fruits will specifically see price reductions.
  • The Trump administration is addressing rising grocery costs.
  • The U.S. does not grow coffee and certain fruits.
  • Bessent made these comments in a Fox News interview.
  • This is a developing news story, with more details to come.

Source Information