Exporters try to block tariffs on Brazilian coffee in the US

The Brazilian Coffee Exporters Council (Cecafé) announced that it will continue negotiations with North American entities, such as the National Coffee Association (NCA), to try to reverse the decision by the President of the United States, Donald Trump, to apply a 50% tariff on Brazilian products, including coffee.

According to Cecafé, Brazil is the main supplier of coffee to the US, accounting for over 30% of the local market, while the US is the main destination for Brazilian exports, accounting for 16% of total shipments. The organization warns that the measure could lead to a significant increase in consumer prices and put pressure on inflation in the United States.

An NCA study shows that coffee generates US$343 billion annually in the U.S. economy, supports more than 2,2 million jobs, and represents 1,2% of the country's GDP. For Cecafé, the product's importance to the American economy and consumers reinforces the need for Brazilian coffee to be exempt from the new tax.