Trade war is back on as White House floats a new minimum 10% tariff plan—with carveouts for coffee, beef, and microchip suppliers

The White House has reignited the trade war with a new minimum 10% tariff plan targeting several key industries, while providing exemptions for essential goods like coffee, beef, and microchips. This move suggests an attempt to balance economic pressures from inflation and supply chain issues, particularly in high-frequency consumer purchases. By carving out exemptions for these items, the administration aims to mitigate domestic inflationary pressures while still exerting economic pressure on targeted sectors, signaling a complex strategy in international trade policy.