Coffee lovers in the US should prepare for higher prices at their favorite cafés. Tariffs imposed on coffee imports are forcing many coffee shops to increase their prices. This situation is causing concern among shop owners and customers alike. The ongoing trade tensions and uncertainty in Washington are making it difficult for businesses to plan ahead.
• Coffee shops like The Crown and The Wakery have already raised their prices by $0.50 per drink due to increased wholesale costs from suppliers.
• The US imports a significant amount of coffee, with major suppliers being Brazil, Colombia, and Vietnam. Current tariffs of 10% remain in place.
• Experts warn that these price hikes may only be the beginning, with further increases likely if tariffs continue.
• Rising costs from shipping and climate issues are also contributing to the overall price increase of coffee beans.
This trend matters because it affects consumers' daily habits and budgets. As coffee prices rise, people may reconsider how often they indulge in their favorite drinks. The potential for a global recession adds to the urgency of this situation, making it a crucial topic for both consumers and business owners.
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