Brazilian coffee exporters celebrated Friday after U.S. President Donald Trump ordered the removal of additional import tariffs on the product that had been set at 40% in July.

Cecafé, Brazil’s coffee exporters council, called the tariff hike “a complete loss of competitiveness.”

“The tariff reversal comes after months of intense work representing the interests of Brazilian coffee. It is a historic victory for the entire coffee agribusiness production chain,” the council said in a statement.

Brazil has long been a key supplier of beef and coffee to the United States. On Thursday, Trump lifted tariffs on Brazilian goods as part of an effort to lower consumer costs for Americans. The decision affected coffee, fruit and beef, among other products.

The U.S. leader had imposed additional im

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