U.S. Signals Coffee Tariff Relief as Trump, Treasury Tease Imminent Cuts

Overview

• President Donald Trump told Fox News he will reduce "some tariffs" on coffee but offered no specifics on scope or timing.
• Treasury Secretary Scott Bessent said significant announcements are coming in days on coffee, bananas and other foods not grown in the U.S.
• A combined tariff burden near 50% on Brazilian goods has been tied to a 21% year‑over‑year jump in U.S. coffee prices and a roughly 50% drop in Brazilian shipments.
• Brazilian exporters and major U.S. roasters are urging reductions to about 10% or full exemptions in talks with U.S. trade officials as they warn of lasting changes to blends.
• Brazil supplies roughly 30% of U.S. green‑bean demand, and industry groups see a chance to regain market share if relief arrives, though agencies declined to provide details when asked.