· the trump administration is preparing broad exemptions to certain tariffs in an effort to ease elevated food prices that have provoked anxiety for american consumers, according to three. · however, the measure includes a broad exemption for over 1,000 products, such as pharmaceuticals, semiconductors, timber, metals, and chemicals. These exclusions aim to avoid impacts on critical sectors and to limit cost increases for american businesses and consumers. · while the trump administration’ s recent tariff exemptions on some food items may mark progress on grocery affordability, experts say consumers shouldn’t expect major price relief as they. President donald trump signed an executive order offering some tariff exemptions as soon as monday to trading partners who strike deals on industrial exports such as nickel, gold and. Eight months later, half of u. s. Donald trump last week imposed the steepest american tariffs on imports in over a century, levying rates as high as 50 per cent on some countries in a move described by the eu as a “major blow”. · president donald trump promised that a wave of emergency tariffs on nearly every nation would restore “ fair ” trade and jump-start the economy. President donald trump signed an executive order offering some tariff exemptions as soon as monday to trading partners who strike deals on industrial exports such as. · sept 5 (reuters) - u. s.