New U.S. tariffs targeting Brazilian goods took effect this week, with rates on select imports soaring from 10% to 50%. While many products remain exempt, coffee — a staple for millions of consumers — now faces steeper trade barriers, sparking concerns about price hikes and supply chain disruptions.
Brazil’s vice president confirmed the tariffs apply to approximately 35% of the country’s exports to the U.S., but the inclusion of coffee has drawn particular attention. Analysts warn the move could ripple through global markets, affecting both producers and consumers. Brazil is the world’s largest coffee exporter, while the U.S. ranks among its top buyers.
CGTN correspondent Paulo Cabral reported from São Paulo that Brazilian exporters are exploring alternative markets in Asia and Europe to mitigate losses. Meanwhile, U.S. retailers anticipate short-term price volatility, with small businesses likely bearing the brunt of increased costs.
The development underscores growing tensions in international trade policies and their cascading effects on everyday commodities. Stakeholders across industries are calling for dialogue to balance economic priorities with market stability.
Reference(s):
cgtn.com