Treasury Secretary Scott Bessent announced that “substantial” tariff relief on everyday consumer goods, including coffee, bananas, and other fruits, will be implemented soon.

The move comes after President Trump raised tariffs on imports like Brazilian coffee, contributing to rising prices and surging inflation, which hit 3% in September.

Bessent said the cuts would help bring prices down quickly and that Americans could start feeling relief on inflation in early 2026.

Trump has also indicated that a deal with Brazil on lowering coffee tariffs is likely after discussions with President Luiz Inácio Lula da Silva, NBC News has reported.

The relief aims to reduce the financial impact of both higher duties and supply issues, such as Brazil’s drought affecting coffee production.