Arabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs ...
Coffee prices hit a new high Monday, the day after President Donald Trump threatened — and then reversed course on — a 25% tariff on Colombia during a spat about deportation flights from the US.
Before joining Raw Story, Brad Reed spent eight years writing about technology at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet ...
"To ‘punish’ Colombia, Trump is about to make every American pay even more for coffee," the New York congresswoman said in a post. "Remember: WE pay the tariffs, not Colombia." "Trump is all ...
If Trump had carried out the threat of tariffs, the prices of many goods imported from Colombia could have increased for ordinary Americans, including coffee, cut flowers and crude oil.
If you've already flinched at $7 for *** latte, brace yourself. Coffee prices are expected to climb even higher in 2025. Arabica coffee, known for its higher quality, has already jumped over 80% ...
By Conor Dougherty The possibility of a trade war between the United States and Colombia briefly erupted on Sunday that threatened to make coffee, flowers and raw materials more expensive for ...
However, late Sunday, Colombia changed course and agreed to accept the deported migrants, prompting the U.S. to lift its tariff threats. This is a crisis averted for coffee drinkers and roasters.