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U.S. Coffee Tariffs Hike Prices, Reduce Choices
New U.S. tariffs on coffee imports, ranging from 10% to 125% depending on origin, are driving up prices for consumers as businesses pass on increased costs; this comes on top of already high prices due to poor growing conditions, affecting the nearly $110 billion U.S. coffee market.
U.S. Coffee Tariffs Hike Prices, Reduce Choices
New U.S. tariffs on coffee imports, ranging from 10% to 125% depending on origin, are driving up prices for consumers as businesses pass on increased costs; this comes on top of already high prices due to poor growing conditions, affecting the nearly $110 billion U.S. coffee market.
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