Reported about 14 hours ago
The upcoming 50% tariffs on imports from Brazil, effective next month, are expected to significantly increase prices for orange juice and coffee in the U.S. Brazil is a major supplier of both commodities, providing approximately 75% of the global orange juice exports and 30% of the coffee beans entering the U.S. Following the tariff announcement, prices for frozen concentrated orange juice and coffee have already risen sharply, with few alternatives available to replace Brazilian products, particularly for orange juice. This situation could lead to higher breakfast beverage costs across the country.
Source: YAHOO