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Rich Asplund

Coffee Prices Settle Lower on Tariff Woes

Ice Brazil Donald Trump USDA Vietnam arabica United States

September arabica coffee (KCU25) on Wednesday closed down -5.30 (-1.77%), and September ICE robusta coffee (RMU25) closed down -18 (-0.53%).

Coffee prices retreated on Wednesday due to tariff concerns, as President Trump has yet to exempt coffee from his 50% tariff on Brazilian exports. The tariff could hurt sales of Brazilian coffee to the US and boost Brazil's coffee inventories.

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