Droughts and tariffs boost coffee prices, impacting the market | Business
The coffee bean industry faces significant challenges due to climate change and impending tariffs. Frank Elias, owner of Utica Coffee Roasting Company, highlights that Brazil and Vietnam’s droughts and heavy rains have already driven up prices. By July, a 10% tariff could lead to a 40-cent increase per pound for consumers. Additionally, packaging costs may rise due to disruptions in production from countries like China and Mexico. The combined effects of climate factors and tariffs are reshaping the coffee market landscape.

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https://www.wktv.com/news/local-business/coffee-prices-perk-up-due-to-droughts-and-tariffs/article_f2d267b3-f46f-4d33-ae81-a80fd45a8980.html