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More Expensive Morning Joes: Trump's Brazilian Tariff Inflates Coffee Prices
Summary by WANE-TV
5 Articles
5 Articles
More expensive morning joes: Trump's Brazilian tariff inflates coffee prices
ALBION, Ind. (WANE) — President Trump's tax on Brazilian exports is getting hard to swallow as coffee prices continue to rise. Brazil is the leading exporter of coffee in the world. While coffee does originate from other countries, Director of Purdue Fort Wayne's Community Research Institute Rachel Blakeman said they cannot make up the gap in demand. She added those nations also have tariffs. The 50% tariffs were employed earlier this month. Bla…
·Fort Wayne, United States
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Climate change, Donald Trump's tariffs and poor crops in Brazil are pushing up coffee prices, according to the industry organization ICO.
Coverage Details
Total News Sources5
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
Factuality
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