Trump's tariffs on Brazil could make your coffee even more expensive
1. Trump proposes 50% tariff on Brazilian coffee imports impacting consumer prices. 2. Brazil is vital, supplying a third of U.S. coffee needs. 3. Coffee costs may rise due to higher tariffs and inflation. 4. Starbucks and J.M. Smucker could experience profit pressure from tariffs. 5. Exemptions for key commodities could mitigate impacts before August 1.