US ROASTERS SHUN COFFEE FROM BRAZIL AFTER 50% TARIFFS KICK IN
https://s.yimg.com/ny/api/res/1.2/vIyqE3vOLMjA316mFHRB2g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/bloomberg_holding_pen_162/8a5044630fc8b15a1c08627234170d9e
✍️ American coffee buyers are shunning fresh deals with top grower Brazil after President Donald Trump's 50% tariff took effect, leading to a slowdown in coffee trade between the US and Brazil.
👉 American coffee buyers are shunning fresh deals with top grower Brazil after President Donald Trump's 50% tariff took effect 👉 Most US buyers are avoiding new contracts and looking for wiggle room in existing ones 👉 Some US buyers are asking for extended shipping timelines in the hopes that tariffs may be eased later 👉 The US is looking to import coffee from other countries, such as Colombia, Vietnam, and Honduras, to replace the Brazilian beans
-- #DonaldTrump #JairBolsonaro #LuizInácioLuladaSilva #JPJuarez #ChristianWolthers #JimWatson #BernadetteGerrity #LaleskaModa #TomasAraujo #DaveBehrends #GregoryZamfotis #DariaWhalen #Brazil #UnitedStates #Chicago #NewYork #London #Princeton #Colombia #Vietnam #Honduras #Indonesia #Uganda #China #Europe #SanFrancisco #Yosemite #business
Loading quoted post…