The rising cost of coffee is affecting both consumers and local businesses. Tariffs on coffee beans from major producing countries are driving prices up. Many coffee shops are feeling the pinch, leading to increased drink prices. Co-owner Chris Allen of Ready Set! Coffee Roasters in Cleveland shared insights on how these changes impact his business and customers.
• Coffee prices are expected to rise by at least 30% due to tariffs on beans from countries like Brazil and Honduras.
• Small businesses are absorbing costs but still need to raise prices, with drinks increasing by $0.50 to $1.00.
• Customers are supportive and willing to pay more, recognizing the value of local businesses.
• Transparency about pricing helps maintain customer trust and loyalty.
This situation highlights the balance between supporting local businesses and managing personal budgets. As coffee becomes more expensive, consumers will need to decide how much they are willing to spend on their daily caffeine fix.
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