Local coffee companies say industry hit hard before tariffs, discuss potential impact of trade war
- President Trump's tariff announcement led to a snap poll of Institute of Directors members.
- The poll aimed to gauge the potential impact of the new tariffs on UK businesses.
- The poll also assessed how members planned to adjust business strategies due to the tariffs.
- Anna Leach stated 70% of respondents expect their profits to be negatively affected by tariffs.
- The tariffs add to an already difficult operating environment and undermine UK growth.
8 Articles
8 Articles
Local coffee companies say industry hit hard before tariffs, discuss potential impact of trade war
SAN DIEGO (KGTV) Some local coffee companies told ABC 10News they were already getting hit pretty hard before these tariffs even happened.The coffee industry has been hit hard over the past nine months, Jeff Taylor, President of Bird Rock Coffee, said. Beginning last September, the C-Market - which is the commodities market which set the base level pricing for coffee - it started around $2.30 and in the last month its been as high $4.65.Taylor s…
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