The U.S. government imposed a 50% tariff on all Brazilian imports, increasing from an initial 10%. This decision, linked to political reasons involving former Brazilian president Jair Bolsonaro, has raised concerns in the global coffee sector. As Brazil supplies the majority of coffee to the U.S., prices are projected to rise significantly, affecting U.S. consumers. Industry leaders predict inflation in coffee prices, already strained by current market conditions. Other key producing countries face varying tariff rates, complicating the coffee import landscape for the U.S.
Brazil is the world's largest coffee-producing and coffee-exporting nation, and the U.S. is the single biggest buyer of Brazilian coffee. The U.S. imported approximately $2 billion in Brazilian coffee in 2024.
Lavazza Chairman Giuseppe Lavazza said the move could make Brazilian coffee prices rise "quite a lot" and "could create a lot of inflation in our industry that's already under stress."
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