Brazil's Coffee Faces Tariff Walls
Re-exporting Brazilian coffee is not seen as a viable strategy to circumvent U.S. tariffs. Marcio Ferreira of CECAFE highlighted this after President Trump imposed a 50% levy on most Brazilian goods, including coffee, effective from August 6.
Brazil is exploring options to navigate new U.S. tariffs on coffee. However, Marcio Ferreira, leader of CECAFE, stated re-exporting via other countries isn't a feasible solution.
On August 6, President Donald Trump implemented a 50% tariff affecting most Brazilian exports, with coffee taking a major hit.
The Brazilian coffee sector remains vulnerable as exporters search for ways to mitigate the impact of these trade barriers.
(With inputs from agencies.)
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