Trump's 50% tariff on Brazil would halt flow of Brazilian coffee to the US
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By Marcelo Teixeira
NEW YORK, July 10 (Reuters) - The proposed Trump administration import tariff of 50% on Brazil would effectively halt the flow of Brazilian coffee to the United States, its largest buyer, four trade sources told Reuters on Thursday.
They said U.S. coffee roasters would not be able to pay 50% more for the beans, while Brazilian exporters could not cut prices at that level to try to offset the tariff. U.S. roasters, as a result, would have to source their beans elsewhere, while Brazil would likely divert cargos to Europe and Asia.
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