Coffee Shop Adding "Tariff Adjustment" to Bill Sparks Debate
4 Articles
4 Articles
Climate change has sent coffee prices soaring. Trump's tariffs will send them higher.
Eight years ago, when Debbie Wei Mullin founded her company Copper Cow, she wanted to bring Vietnamese coffee into the mainstream. Vietnam, the world’s second-largest exporter of coffee, is known for growing robusta beans. Earthier and more bitter than the arabica beans grown in Brazil, Colombia, and other coffee-growing regions near the Equator, robusta beans are often thought of as producing lower-quality coffee. In an effort to rebrand robu…
Coffee Prices Sharply Higher on Weather and Tariff Concerns in Brazil
September arabica coffee (KCU25 ) on Monday closed up +4.15 (+1.39%), and September ICE robusta coffee (RMU25 ) closed up +130 (+4.03%). Coffee prices settled sharply higher Monday due to adverse weather conditions in Brazil and concerns about tariffs. On Monday, Sucden Financial Ltd said that a severe hailstorm in...
Behind a Maine Coffee Company’s Decision to Raise Prices
Rock City Coffee had tried hard to keep prices stable amid President Donald Trump’s volatile tariff policy rollout. The company, which has a roastery in Rockport, Maine, and a cafe in nearby Rockland, had pushed through a modest price increase on its beans earlier in the year because of relentless issues with the global coffee supply, caused in part by droughts in Vietnam and Brazil. But since the president imposed a blanket 10% tariff on U.S. t…
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