INSUBCONTINENT EXCLUSIVE:
Brazilian coffee exporters say the United States will keep buying large amounts of Brazilian coffee, even after a sharp tariff hike
Starting August 1, the US plans to raise tariffs on Brazilian coffee imports from 10% to 50%.This new tax arrives as the US leans on
Last year, the US imported over 8 million 60-kilo bags of Brazilian coffee, worth nearly $2 billion.With the new tariffs nearing, exporters
are working fast to ship as much coffee as they can before the extra cost hits
Few are signing new contracts until things settle, but ongoing shipments have not stopped.US coffee companies have no quick way to replace
Trouble, But Brazilian Coffee Keeps Flowing to U.S.
(Photo Internet reproduction)Coffee prices in the US have already jumped as much as 32% since the tariff news broke, according to commodity
Council admits that selling to new markets like China is possible, but not fast or easy
No other country drinks as much coffee as the US, so redirecting exports overnight is impossible.Business leaders and trade officials on
both sides agree on one thing: even with higher tariffs, the US cannot give up Brazilian coffee, and Brazil cannot afford to lose the US as
its top customer.Tariffs will raise prices and create headaches, but the flow of Brazilian coffee to US cups is set to continue, grounded
This is a classic case of supply meeting demand, despite political hurdles.
