According to BBC Brasil, the American president reportedly made the comment during a phone conversation with Lula on Monday (6).
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During a conversation with President Luiz Inácio Lula da Silva on Monday (6), Donald Trump acknowledged that the United States is "missing" some Brazilian products affected by the tariff hike, according to a report by BBC News Brasil. The American president reportedly mentioned coffee. The price of the beverage in the U.S. has been rising since the government imposed, in August, a 50% surcharge on Brazilian products. In September, coffee registered the highest monthly increase in 14 years, with a 3.6% rise, and an annual increase of 20.9%, well above the average inflation of 2.9%. This was the largest increase in a year since 1997. Market analysts already said that the tariff would have a direct impact on the American consumer's wallet. "The fact that coffee did not enter the list of exceptions caused a lot of surprise, because it does not make sense within the current scenario. The main harmed party with the imposition of the tariff is the American consumer," said Gil Barabach, ...
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