Café: Removal of 40% tariff by the USA should favor Brazilian exports

After announcing on November 14 the withdrawal of the 10% tariff that had been applied in April of this year, the United States government communicated on the last day, 20, the removal of coffee from the list of products with a 40% surcharge. Researchers from CEPEA indicate that the measure, which was awaited by the Brazilian export sector, was received with great optimism. It is worth remembering that Brazilian coffee exports were registering slowness in the current crop and this had been generating concerns among exporters in the face of the possible loss of market to competitors. However, while the raw bean was exempted, soluble coffee remains surcharged at 50%, even though the United States is one of the main destinations of Brazilian production. Thus, negotiations between Brazilian and American representatives must continue in ...