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Rich Asplund

Coffee Prices See Support as Substantial Tariffs Remain on Brazilian Coffee

Ice Brazil United States Donald Trump the Trump Administration Vietnam Conab FAs

December arabica coffee (KCZ25) today is down -0.05%, and January ICE robusta coffee (RMF26) is up +252 (+5.97%).

Coffee prices are seeing support today after Brazilian coffee is apparently still subject to substantial US tariffs. The Trump administration announced last Friday that it would drop tariffs on commodities not grown in the US, but that relief only applied to 10% reciprocal tariffs. Brazil's vice president said that Brazilian coffee exports to the US are still subject to the separate 40% tariff imposed by the Trump administration on Brazil on "national emergency" grounds related in part to Brazil's prosecution of former President Bolsonaro. The Trump administration has yet to provide any clarification as to tariffs on US imports of coffee from Brazil.

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