Trump, Brazil
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September arabica coffee (KCU25 ) today is up +8.85 (+2.98%), and September ICE robusta coffee (RMU25 ) is up +5 (+0.15%). Arabica coffee prices are trading higher, seeing continued support from dry weather conditions in Brazil.
Nestle announced on Thursday environmental restoration projects in partnership with reforestation startup re.green and chocolatier Barry Callebaut in Brazil, seeking to plant millions of trees in areas where it sources key ingredients.
President Donald Trump has pledged a 50% tariff against Brazil, a major producer of green coffee beans. That could lead to higher coffee prices.
President Trump’s pledge to place a 50 percent tariff on all imports from the South American nation will drive up the prices of coffee — and orange juice.
How a Trade War With Brazil Could Brew Trouble for U.S. Coffee Consumers originally appeared on Parade. U.S. coffee drinkers may face some uncertainty in the months ahead, as the Trump administration considers a 50-percent tariff on imports—an action that could drive up coffee prices nationwide.
Coffee prices are expected to surge as US President Trump announced a 50% tariff on all imports from Brazil, the world's leading coffee producer.
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The South African on MSNSouth Africa can sip more Brazilian coffee, says expertWhile American consumers brace for costlier brews, South Africa, which imports nearly 24 000 tonnes of coffee annually (mostly from Brazil and Vietnam), may stand to benefit, according to Sihlobo. Brazil, already the world’s top coffee producer, could increase exports to South Africa if it offers better quality and prices.
Futures prices for coffee and orange juice rallied Monday, with both commodities continuing to find support from news last week that President Donald Trump [plans to hit Brazil with a 50% import tax on Aug.