Trump’s Brazil Tariffs Upend Crop Prices From Coffee to Juice
A worker prunes coffee plants in Pedregulho, Sao Paulo, Brazil.
Photographer: Tuane Fernandes/BloombergUS President Donald Trump’s 50% tariff on goods from commodities powerhouse Brazil is upending crop markets, sending orange juice prices tumbling and coffee rising.
Trump’s executive order contained some meaningful exemptions including orange juice. Still, beef and coffee from the world’s top exporter remain on the list of commodities that will be subject to import duties.