Coffee is a vital part of daily life for many Idahoans, contributing to a massive $140 billion industry. The drink is not just a beverage; it's a lifestyle choice. People enjoy their coffee in various ways, from black to flavored, and spending $5 to $10 at coffee shops has become common. However, recent tariff negotiations could impact coffee prices significantly.
• The U.S. imports 99% of its coffee, making it vulnerable to tariff changes.
• Increased tariffs could raise the cost of coffee beans by 10% to 30%.
• Packaging and cup prices may also rise sharply due to new tariffs on imports from China.
• Local coffee businesses are feeling the pressure from these potential price hikes.
Understanding these changes is crucial as they could affect daily coffee habits and the economy. If prices rise, consumers may rethink their coffee purchases, impacting local shops and the broader coffee culture.
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