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Global coffee prices plunge after Trump lifts Brazil tariffs
Gulf Today
|November 23, 2025
Global coffee prices plunged on Friday after US President Donald Trump removed 40% tariffs on imports of many Brazilian agricultural products, including green coffee beans.
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US retail coffee prices rose an annual 40% in September, due in part to tariffs. Rising food prices are a major factor behind Trump's approval ratings falling to their lowest since his return to power, a Reuters/Ipsos poll found.
Trump's overnight move follows a similar order announced last Friday to roll back duties on coffee and scores of other products from producing countries.
This story is from the November 23, 2025 edition of Gulf Today.
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