Global Coffee Prices Surge Amid Tariffs, Weather
Global Coffee Prices Surge Amid Tariffs, Weather

Global Coffee Prices Surge Amid Tariffs, Weather

News summary

Global coffee prices have surged to near‑record levels, with U.S. roasted‑bean prices up about 22% year‑over‑year and grocery‑store coffee costs rising roughly 28% in Canada. Industry analysts point to poor weather in key producing regions and a web of new U.S. tariffs — including a 50% duty on Brazilian coffee — as major drivers pushing costs through the supply chain. Retail effects include Tim Hortons raising its cup price by about 1.5% (roughly five cents) and some roasters and retailers adding temporary surcharges. Smaller businesses report heavy tariff burdens: Joe Coffee expects more than $200,000 in tariff costs this year, with the 50% Brazil duty alone accounting for roughly $133,000. Bipartisan legislation, the No Coffee Tax Act (HR 5516), would lock in current tariff rates for coffee and its byproducts and is being promoted by parts of the industry as potential relief. Whether consumer prices ease will depend on weather‑driven supply trends, the fate of U.S. tariff policy and congressional action, while some specialty Brazilian producers (including Jacu bird coffee) are finding buyers in markets such as Japan and Britain.

Story Coverage
Bias Distribution
100% Left
Information Sources
166bc319-c612-4063-955b-1bdc4fec97ff
Left 100%
Coverage Details
Total News Sources
1
Left
1
Center
0
Right
0
Unrated
0
Last Updated
14 days ago
Bias Distribution
100% Left
Related News
Daily Index

Negative

28Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News