Coffee businesses in Colorado Springs are feeling the pinch from new tariffs imposed by the Trump administration. As the second-largest coffee importer in the world, the U.S. relies heavily on foreign suppliers, primarily Brazil, Colombia, Vietnam, and Honduras. Local coffee shop owners are responding to these tariffs by increasing their prices to maintain profit margins.
• Toby Anderson from High Rise Coffee Roasters plans to raise prices by about 11% due to the tariffs.
• Colton Klauss of Carnelian Coffee has also raised drink prices but is trying to keep costs manageable for customers.
• Both owners are looking for ways to minimize the impact on their clientele while ensuring they have enough inventory.
• The U.S. Chamber of Commerce has called for automatic exclusions for products that cannot be produced domestically, like coffee.
This situation highlights the challenges faced by local businesses in a global market. It shows how international trade policies can directly affect everyday consumers and the local economy.
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