Global coffee prices plunge after Trump removes tariffs on Brazilian coffee
ReutersNov 21, 2025 9:50 AM
LONDON, Nov 21 (Reuters) - Global coffee prices plunged more than 6% on Friday after U.S. President Donald Trump removed 40% tariffs on Brazilian agricultural products including coffee and cocoa.
The move follows a similar order by the administration last Friday to roll back tariffs on coffee and scores of other agricultural products from producer countries in the face of growing angst from American consumers about high food costs.
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