Reported about 15 hours ago
As the August 1 deadline approaches for a new 50% tariff on Brazilian coffee imports, traders scramble to unload stock in the U.S. to avoid the increased costs. They are using various strategies, including rerouting vessels and redirecting coffee from neighboring countries, in response to looming price hikes that could disrupt supply chains and significantly impact American consumers and businesses reliant on Brazilian coffee.
Source: YAHOO