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Tariffs could raise prices for U.S. consumers A 50% tariff on Brazilian imports would significantly increase costs for U.S. importers, which are often passed on to consumers.
Traders said if the tariff stands, coffee flows in the global market will be reordered, with Brazilian beans going to Europe and Asia, and the U.S. buying more from Africa, South and Central America.
Soured by what he calls a “witch hunt” against Brazil’s former president, Donald Trump admitted the 50% tariffs on Brazilian goods are “in part” retaliatory – a decision that might ...
Former President Trump has threatened a 50% tariff on Brazilian imports, potentially impacting coffee prices for American consumers. Brazil is the world's leading coffee exporter, and a tariff ...