Global coffee prices fell on Friday after U.S. President Donald Trump revoked 40% tariffs on Brazilian agricultural imports, including coffee and cocoa, amid growing consumer concerns over rising food costs.
A Reuters/Ipsos poll showed U.S. retail coffee prices surged 40% year-on-year in September, partly due to the tariffs. Rising food prices are a major factor behind Trump's declining popularity, which has hit its lowest levels since his return to the White House.
Trump's cancellation of the tariffs comes...
