Brazil, Trump and tariffs
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Coffee growers in Vassouras, in Brazil's Rio de Janeiro state, are hoping for an eleventh-hour reprieve before the country is subject to tariffs of 50% on its exports to the United States.
President Donald Trump’s administration is preparing a new emergency declaration as a basis for tariffs on Brazil, people familiar with the matter say.
STORY: At his LA coffee shop, Jon Kinnard says he's generally supportive of President Donald Trump's stance on tariffs as a way to boost domestic manufacturing.But he draws the line at coffee beans.The Trump's administration's 50% tariff on Brazilian coffee threatens to upend his business.
U.S. President Donald Trump's plan to impose a new 50% tariff on all Brazilian products from Aug. 1 could devastate the South American nation's citrus belt, as factories scale back production and orange farmers consider leaving fruit to rot amid a sharp drop in prices.
A Supreme Court judge ordered an investigation into potential insider trading in Brazil’s currency markets around the announcement of US tariffs on Brazilian goods.
PORCIUNCULA, Brazil (AP) — Brazilian José Natal da Silva often tends to his modest coffee plantation in the interior of Rio de Janeiro state in the middle of the night, sacrificing sleep to fend off pests that could inflict harm on his precious crops.
Embraer's strong backlog, record deals, and favorable FX exposure provide medium/long-term support, but near-term uncertainty is high. Read why ERJ is a Hold.
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Barchart on MSNAdverse Brazilian Weather and Tariff Concerns Boost Coffee Prices
September arabica coffee (KCU25) today is up +3.75 (+1.26%), and September ICE robusta coffee (RMU25) is up +111 (+3.44%). Coffee prices are moving sharply higher today due to adverse weather conditions in Brazil and concerns about tariffs.