Tariffs imposed on imported goods have led to a bitter price hike in US coffee shops, affecting local businesses and consumers alike. The sweeping 10% tariffs against most countries, which went into effect last week, are impacting the majority of coffee beans imported into the country.
The US is the world’s second-largest importer of coffee, with Brazil and Colombia being the top suppliers. Coffee imports have seen a significant price increase since April, as suppliers pass on the costs to consumers. Local business owners are feeling the pinch, with prices expected to rise by at least 25% in many shops.
Many cafes are already seeing reduced customer numbers, as people cut back on non-essential spending. Some shop owners, such as Jorge Prudencio of Bread Bite Bakery, have admitted that they will be forced to increase prices just to break even. “Of course,” he said, when asked if he was worried about the future.
The price hike is not limited to coffee; other essential items like eggs are also feeling the strain. With record-high inflation, the US government has been under pressure to address rising costs. However, some business owners are skeptical that the current administration can mitigate the effects of tariffs on small businesses like Qualia Coffee Roasters.
Source: https://www.bbc.com/news/articles/c807kxdp2l0o