In a new rise they will drive its prices coffee the duties announced by Trump the day before (2.4.25) in all imports -along with this product (something that happens for the first time since the colonial era!), According to Reuters.
On Wednesday (2.4.2025), the US announced 46% duties on imports from Vietnam, the world’s second largest coffee producer, and 32% duty on imports from Indonesia, the fourth largest producer. Cafe producers of Central and South America, such as Brazil and Colombia, received a 10%duty.
Vietnam is the third largest supplier of coffee in the US, the largest consumer of the beverage in the world. It mainly exports Robusta coffee, a type that is widely used for the preparation of instant coffee as well as ready -to -eat cold drinks.
“Vietnam is the big one that stands out,” said Tomas Araujo, Stonex’s broker. “In the future, it will be a challenge for the supply chain and for end users, at additional costs,” he said.
“This is great. The duty in Vietnam means $ 2,500 more per tonne ”for a US buyer, a European trader said. Futures Ice Robusta, the global price benchmark, traded around $ 5,390 per tonne on Thursday (3.4.2025). “It is not certain that the beans already on the way to the US are subject to the big duty,” he noted.
Countries that export cocoa, the main ingredient for chocolate manufacturing, are also taxed. Cinetens Coast, number 1 producer, was charged with a 21%duty.
“Both the coffee industry and the caramel manufacturers will put tough pressure to remove the tariffs from these products,” said Judith Ganes, president of J Ganes Consulting. “I personally doubt if the duties will remain.”
The American roasters should probably be turned by the Vietnam Robust to the Brazilians, known as Conilons, experts said. But Brazil does not have many Robust, as it mainly produces the milder Arabic variety.
The US will have to compete for conifers with the Brazilian local industry, while Europe and China may be better to have a higher commission than Vietnam at lower prices.