Reported about 23 hours ago
Coffee prices are surging due to tariffs from the Trump administration, with significant increases affecting roasters and consumers alike. Retail coffee prices rose nearly 21% year-over-year as tariffs hit key importing nations like Brazil, Vietnam, and Colombia. Although efforts such as the 'No Coffee Tax Act' aim to alleviate costs, many consumers may still alter their purchasing habits or brew at home. Despite the challenges, coffee remains an ingrained luxury for many, with roasters seeking ways to manage rising expenses.
Source: YAHOO