Coffee Memo | Headline Edition: Tariff Updates

TakeawaysAlthough it's been announced that reciprocal tariffs on coffee are no longer in effect as of Friday, November 14th at 12:01 am, punitive tariffs, like those being applied to Brazil and India, remain in place for now. So, tariff on Brazilian coffee has gone from 50% to 40%. Refunds from the government are unlikely.There are some positive signs that the punitive tariffs on Brazil might also end but nobody really knows what will happen.The market did not react bearishly to the rollback on coffee tariffs as some might have expected.Part of The Exchange Coffee Podcasting Network TAKE OUR LISTENER SURVEY Visit and Explore Covoya!