Overview

• In an Oct. 7 conversation, President Trump told President Lula the United States is missing some Brazilian goods, especially coffee, acknowledging the trade impact; no policy change was announced.
• The 50% U.S. tariffs on Brazilian products took effect in August and remain in place.
• Brazilian coffee export volumes to the United States fell 17.5% in August from a year earlier, according to Cecafé.
• In August, coffee prices in the United States rose 3.6% versus overall inflation of 0.4%, including a 4.1% rise for roasted coffee and 4.9% for instant.
• The United States relies on imports for coffee and in 2024 bought 16.5% of Brazil’s exported sacks, according to Embrapa.