Coffee prices hit a new high Monday, the day after President Donald Trump threatened — and then reversed course on — a 25% tariff on Colombia during a spat about deportation flights from the US.
If Trump had carried out the threat of tariffs, the prices of many goods imported from Colombia could have increased for ordinary Americans, including coffee, cut flowers and crude oil.
Coffee prices have soared to a record high after Donald Trump’s threat to slap Colombia with trade tariffs sent jitters coursing through the market. Global Arabica bean prices climbed to $3.60 ...
US President Donald Trump’s threats to impose trade tariffs on Colombia have caused waves in the coffee market recently. Colombia is the world’s third-largest coffee producer, after Brazil and ...
Colombia accounts for 20% of coffee imports to the U.S., according to the Department of Agriculture. Trump said in a social media post Sunday that he would immediately impose a blanket 25% tariff ...
New York (CNN) — Coffee prices hit a new high Monday, the day after President Donald Trump threatened – and then reversed course on – a 25% tariff on Colombia during a spat about deportation flights ...