"Historic day," says Cecafé president after U.S. declares end of high tariff on coffee

The president of the Council of Coffee Exporters of Brazil (Cecafé), Márcio Ferreira, described the decision of the United States government to revoke the extra 40% tariff applied to Brazilian green coffee as "a historic day." The announcement, made this Thursday (20), represents the end of a period considered "extremely worrying" for coffee farming, which recorded drastic drops in sales to the world's main market. According to Ferreira, the American retreat restores equal conditions for Brazil in relation to other exporters, which had already obtained total exemption on green coffee beans the previous week. "It is a joy for all Brazilians. This tariff was putting us at a huge disadvantage and putting the future of exports at risk," he stated. During a meeting in Brasília, held on Wednesday (19) with Vice President Geraldo Alckmin and members of the government's economic team, Cecafé detailed the impacts of the tariff. The numbers presented an alarming scenario. In the last three ...