The Latest US Tariffs on Leading Coffee Producing and Exporting Nations in 2021

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The recent announcement by United States President Donald Trump of new tariffs on coffee imports from 15 of the world’s top 20 coffee-producing countries has sent shockwaves through the coffee industry. These tariffs, ranging from 10% to 46%, are expected to significantly impact the cost of green coffee imports for U.S. traders and roasters.

The United States, with the exception of Hawaii, relies heavily on imported green coffee to sustain its multibillion-dollar coffee industry. The imposition of these new tariffs comes at a time when the industry is already grappling with high coffee prices on the New York arabica futures market. This has created a challenging environment for traders and roasters who are now faced with the prospect of even higher costs of goods.

The National Coffee Association (NCA) of the United States has been vocal in its opposition to these tariffs, calling for coffee to be exempted from the new fees. The NCA highlights the significant economic contribution of the coffee industry to the American economy, generating $43 in value for every dollar of coffee-related imports and supporting 2.2 million U.S. jobs. With coffee being America’s favorite beverage, the NCA emphasizes the importance of trade policies that recognize the essential role of coffee in Americans’ daily lives and the economy.

The impact of these tariffs is not limited to U.S. coffee businesses. Major coffee-producing countries such as Brazil, Vietnam, Colombia, and Indonesia, which are key suppliers to the U.S., will also feel the effects. Brazil, the largest producer of arabica and robusta combined, faces a 10% increase in costs for U.S. buyers, with potential ripple effects on the global market. Vietnam, the world’s top producer of robusta coffee, will see a significant 46% tariff increase, likely reshaping the robusta market both in the U.S. and globally.

The European Union and Switzerland are also included in the list of countries facing new tariffs, with rates of 20% and 31% respectively. Switzerland, known for its favorable taxation standards and regulations, plays a significant role in the global coffee trade.

As the industry grapples with the implications of these tariffs, stakeholders are urged to stay informed and engaged. Daily Coffee News will continue to provide updates on this evolving story in the days and weeks ahead.

In conclusion, the new tariffs on coffee imports announced by the U.S. government have raised concerns within the coffee industry, impacting businesses, consumers, and major coffee-producing countries. Stakeholders are closely monitoring the situation and advocating for policies that support a thriving and sustainable coffee trade ecosystem.