NEW YORK — Coffee roasters in the United States are plowing through their stockpiles as they await the outcome of ongoing U.S.-Brazil trade negotiations, talks that could determine whether they have to pay much higher prices for alternative sources of coffee. Brazilian coffee, which accounts for a third of the beans consumed by the world’s largest coffee consumer, has been priced out of the American market since August when the administration of U.S. President Donald Trump imposed a 50% import tariff on Brazil’s beans, in a case that mixed trade with politics. Trump has accused Brazil’s Supreme Court of unfair treatment of his ally, former President Jair Bolsonaro. The trade tariff on coffee among other Brazilian goods was widely viewed as punishment of the government of leftist Brazilian
US roasters tear through coffee stocks waiting for Brazil trade deal

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