SAO PAULO (Reuters) -Brazil risks losing its market share in instant coffee sales in the U.S. after President Donald Trump retained 50% tariffs on the product while cutting duties for green coffee, the Brazilian Instant Coffee Association said on Friday.
On Thursday, Trump removed his 40% tariffs on Brazilian food products, including beef and green coffee – which covers most coffee beans – as well as cocoa and fruits, that took effect in August to punish Brazil over the prosecution of its former president, Trump ally Jair Bolsonaro.
Thursday’s move followed a similar U.S. order last Friday to remove 10% tariffs on several agricultural products from other countries as the White House makes a U-turn on some tariffs that have increased the cost of food in the United States.
Yet Brazilian i

104FM WIKY

America News
ClickOrlando
Associated Press US News
Raw Story
Arizona Republic
The Traverse City Record-Eagle
AlterNet
NFL Tampa Bay Buccaneers