Trump Readies Tariff Cuts, Trade Deals in Affordability Push

WATCH: Trump announces new trade deals and cuts some tariffs. DIGI: Sarah Bianchi on on Trump/trade

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By Catherine Lucey and Ilena Peng

November 13, 2025 at 9:21 PM UTC

Updated on

November 14, 2025 at 12:06 AM UTC

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US President Donald Trump is readying substantial tariff cuts designed to address high food prices and a series of new trade deals — including framework agreements with Argentina, Guatemala, El Salvador and Ecuador — as he seeks to address voter concerns over the cost of goods.