On April 5th, Brazilian coffee industry insiders recently stated that the new tariff policy of the US government will lead to an increase in the related costs of Brazilian coffee in the US market, which will ultimately be passed on to American consumers, who may face more expensive Brazilian coffee prices. According to data from the US Department of Agriculture in December 2024, Brazil is the largest coffee supplier to the United States, holding a 32% market share. Brazilian coffee industry insiders point out that the US tariff policy may not only affect the export of Brazilian coffee, but also harm the interests of relevant US practitioners and consumers. (CCTV News)
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