U.S. Signals Coffee Tariff Relief; Brazil Awaits Formal Move

Overview

• President Donald Trump said he will cut “some tariffs” on coffee imports in a Fox News interview, without specifying countries, timing or the size of the reduction.
• Treasury Secretary Scott Bessent said Americans will see “significant announcements” in the coming days on measures to reduce prices for items such as coffee and bananas.
• Brazil’s foreign minister Mauro Vieira said Brasília has received no official notice of a change, after meetings with U.S. Secretary of State Marco Rubio in Canada and Washington to advance a near‑term negotiating roadmap.
• Brazilian exporters and major U.S. roasters are pressing for a rollback of the 50% coffee surtax to 10% or even zero, as Cecafé reports shipments to the U.S. fell about half since August and BLS data show U.S. retail coffee prices up roughly 21% year over year.
• The existing tariffs remain in force; Brazil expanded access to its Plano Brasil Soberano support program, industry warns of lasting market‑share losses from altered blends, and Washington announced separate tariff moves with Argentina while broader Brazil–U.S. talks continue.