Trump Says He Will Cut Some U.S. Coffee Tariffs, Leaving Scope and Timing Unclear

Overview

• In a Fox News interview on Tuesday, President Donald Trump said he will reduce "some tariffs" on coffee imports but did not name countries or set a timetable.
• The United States has applied a 50% surcharge on coffee since August, a move that has weighed on Brazilian exporters' access to the market.
• Brazil, the largest arabica supplier to the U.S., is positioned to benefit most from any rollback and has prioritized removing the levy in negotiations with the White House.
• O Globo reports U.S. coffee prices are up 21% year over year, with Brazilian shipments to the U.S. down nearly 53% in September as buyers sought alternative sources.
• Lula and Trump signaled initial progress at an Oct. 26 meeting in Malaysia, and Brazil has tied pressure for further action to a COP30 checkpoint if talks do not advance.