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Trouble Brewing: Why a Brazilian Tariff May Cause Coffee Prices to Soar
President Trump’s proposed 50% tariff on Brazilian goods is likely to lift the price of the preferred coffee for most U.S. consumers. Brazilian arabica beans are the source for roughly 35% to 40% of the coffee consumed in the U.S. and a pending levy on imports starting Aug. 1 would increase the price of coffee in cafes and grocery stores alike.
By Marcela Ayres and Gabriel Araujo BRASILIA (Reuters) -Brazil estimates that 35.9% of its exports to the U.S. by value will ...
The White House hit Brazil on Wednesday with a 50 percent tariff and sanctions on a justice overseeing investigations into ...
Coffee prices are on the rise after President Trump announced a sweeping 50% tariff on imports from Brazil. AP London robusta futures, the global benchmark for the cheaper coffee variety, ...
The CEO of JDE Peet's said on Wednesday that U.S. coffee prices would have to go up if President Donald Trump's threatened ...
Brazil’s President Luiz Inácio Lula da Silva said on Wednesday that it was a "sacred day of sovereignty," after U.S.
For those looking to grab a cup of joe on their way to work may have to take a bit more out of their wallet as President ...
Natural resources that are not grown in the United States, including coffee and cocoa, could be exempt from import tariffs ...
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