US Tariff on Brazilian Imports Sparks Surge in Coffee Prices

Novinite.com
12 Jul 2025, 15:59 GMT+10

The impending 50% tariff imposed by the United States on Brazilian imports is already pushing up the price of coffee, particularly the Arabica variety, which is known for its premium quality. Following the announcement, Arabica futures surged by more than 3.5% in a single day during trading in New York.

The tariff, set to take effect on August 1, 2025, was detailed in a letter from US President Donald Trump to Brazilian President Luiz Inacio Lula da Silva, shared on the social platform The Truth Social. The letter cites concerns over Brazil's alleged "dangerous attacks" on free elections and Americans? fundamental rights to free speech as a justification for the new duties.

Giuseppe Lavazza, CEO of the Lavazza Grocer, commented on the broader implications, explaining that tariffs on European goods won?t significantly affect the coffee market in the US. Instead, the issue lies with tariffs targeting major coffee exporters such as Brazil and Vietnam. Lavazza warned that these trade barriers are likely to result in increased coffee prices for American consumers.

In sum, while tariffs between the US and Europe pose less of a challenge, the heightened duties on coffee-exporting nations threaten to drive up the cost of coffee in the US market.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Chile Sun.

More Information

null in null

South America

Section

Column: Brazil says no to U.S. tariff threats

U.S. President Donald Trump's announced measure against Brazil lacks any justification from a trade balance perspective. by Evandro...

US Tariff on Brazilian Imports Sparks Surge in Coffee Prices

The impending 50% tariff imposed by the United States on Brazilian imports is already pushing up the price of coffee, particularly...

US pressuring Africa to accept deportees Nigerian official

Foreign Minister Yusuf Tuggar says his country has enough problems and cant take in foreigners straight out of American prisons Nigeria...

MEA report 2024 highlights India's key diplomatic engagements, achievements

New Delhi [India], July 12 (ANI): The Ministry of External Affairs (MEA) has released its annual report for 2024, highlighting India's...

Chris Gotterup ties course record, moves into lead at Scottish Open

(Photo credit: Raymond Carlin III-Imagn Images) American Chris Gotterup delivered a course-record 9-under-par 61 to take a two-shot...

"Determined to enhance participation of young friends": PM Modi to distribute more than 51,000 appointment letters on July 12

New Delhi [India], July 11 (ANI): Prime Minister Narendra Modi will distribute more than 51,000 appointment letters to newly appointed...

World

Section