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Global coffee prices plunge after Trump removes tariffs on Brazil
LONDON: Global coffee prices plunged on Friday after US President Donald Trump removed 40 percent tariffs on imports of Brazilian agricultural products. US retail coffee prices rose an annual 40 percent in September, due in part to tariffs. Rising food prices are a major factor behind Trump’s approval ratings falling to their lowest since his return to power, a Reuters/Ipsos poll found. Trump’s overnight move follows a similar order announced last Friday to roll back duties on coffee and scores of other products from producing countries.
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arabnews.com
Global coffee prices plunge after Trump removes tariffs on Brazil
LONDON: Global coffee prices plunged on Friday after US President Donald Trump removed 40 percent tariffs on imports of Brazilian agricultural products. US retail coffee prices…
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fortune.com
Brazil hails 'historic victory' after months of pressure as Trump removes 40% tariffs on coffee imports | Fortune
The President initially hiked tariffs in protest of the persecution of former President Jair Bolsonaro, who is imprisoned for attempting to stage a coup.
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upi.com
U.S. drops 40% tariff on Brazilian products including coffee and beef - UPI.com
President Donald Trump has officially removed of a 40% tariff on certain agricultural imports from Brazil, including coffee, tea and tropical fruits.