Balance of Power White House Targets Food Costs
Nov 14, 2025
Barbara Comstock, a former Republican congresswoman, shares insights on the political fallout from recent House actions and urges swift action on the Epstein files. Kristen Hahn, a Democratic strategist, discusses the challenges of party unity regarding healthcare reforms and the internal tensions within Democratic ranks. Rick Davis analyzes Senate-House relations and implications of a controversial provision allowing senators to sue over DOJ actions, while Jeannie Shanzano emphasizes the need for institutional oversight amid rising tensions.
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Tariff Carve-Outs Aim At Affordability
- The administration is granting tariff carve-outs for goods the U.S. can’t produce cheaply, like beef, coffee, bananas, and tomatoes.
- The move is framed as affordability-focused politics rather than a full reversal of tariff policy.
Tariffs Only Partly Raise Consumer Prices
- Bloomberg Economics finds about 25% of tariff costs are passed to consumer prices per the September CPI.
- Stuart Paul warns tariff carve-outs with small import shares will have limited aggregate price impact.
Local Supply Shares Limit Deal Impact
- For items hard to grow domestically, price effects from exemptions should be quick for targeted imports.
- But Argentina supplies tiny shares of U.S. beef and coffee, so bilateral deals won't materially lower national prices.