Prices of Arabica coffee hit record highs in the aftermath of threats of tariffs by both the United States and Colombia after a dispute involving migrant deportation flights. Arabica futures hit a ...
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Colombia is a relatively minor trading partner to the United States, but some industries are much more exposed than others.
Coffee prices hit a new high Monday, the day after President Donald Trump threatened — and then reversed course on — a 25% tariff on Colombia during a spat about deportation flights from the US.
"To ‘punish’ Colombia, Trump is about to make every American pay even more for coffee," the New York congresswoman said in a post. "Remember: WE pay the tariffs, not Colombia." "Trump is all ...