U.S. Hints at Coffee Tariff Cut as Prices Fall and Brazil Seeks Clarity

Overview

• President Donald Trump told Fox News he will reduce “some tariffs” on coffee imports but gave no countries, rates or timeline.
• Treasury Secretary Scott Bessent said Americans will see “significant announcements” in coming days on goods the U.S. does not grow, citing coffee and bananas.
• Arabica and robusta futures fell roughly 5% after the signals of tariff relief, reflecting expectations of increased U.S. supply.
• Brazil’s foreign minister Mauro Vieira said Brasília has received no formal notification from Washington as diplomatic contacts continue.
• Brazilian exporters report U.S.-bound shipments fell about 50% since the 50% surcharge began in August and are lobbying for a cut to 10% or a full waiver to avoid permanent loss in roaster blends.