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Rich Asplund

Coffee Prices Sharply Lower as President Trump Removes Brazil's Food Tariffs

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March arabica coffee (KCH26) on Friday closed down -7.20 (-1.91%), and January ICE robusta coffee (RMF26) closed down -125 (-2.70%).

Coffee prices fell sharply on Friday, with arabica posting a 7-week low. Coffee prices tumbled on Friday after President Trump signed an executive order late Thursday exempting Brazilian food products from tariffs, including the 40% tariff on Brazilian coffee.

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