"You can't produce coffee in the United States. There's no replacement."
So should we put have tariffs on products that can't be produced in the USA? I am thinking no, unless the supplier's country has predatory tariffs on us.
As we say here on FR, never accept the enemy's premise: "Coffee is commercially grown in two states in the US: Hawaii and California. Puerto Rico, which is a US territory, also has a thriving coffee industry. Experimental coffee growing projects are also occurring in Georgia and Santa Barbara, California." https://www.worldatlas.com/articles/which-states-grow-coffee.html Thought I remembered Hawaii coffee from Dirty Jobs.
Kona coffee runs about $40 a pound.
It’s excellent, but very pricey.
Jamaican Blue Mountain is also outstanding.
L
Get out the pearls. If his prices have to go up a bit that is the way it has to be. The importer, the retailer & the customer will share the hit. These death and gloom pieces are psych ops.
“So should we put have tariffs on products that can’t be produced in the USA?”
just raw materials should get tariff exemption
the beans might come in tariff free
ground coffee would not
Well, if your business model depends on unfair Tariffs, your business model is incorrect!
Now you have to adapt!
Adapt or die!
Many things went up 30% to 100% or more under Biden.
I didn’t hear US companies attacking Biden incessantly.
When the PPACA was passed and personal health insurance premiums for millions went up by thousands of dollars annually per person, did the media incessantly bemoan it?
The base line starting point, tariifs were supposed to fund the government.
My Google Chromebook has been sidelined by software changes.
Its physical hardware is still fine.
Why isn’t the media bemoaning software forced obsolescence?
90,000 American factories closed and 5 million Americans lost their jobs when Clinton and Bush and Wall Street told us how much better off we’d be having junky Chinese stuff to buy
US coffee roasters will not face a crisis - because every single participant will face the same same situation and same tax. No one supplier or roaster will have an advantage over any other.
Perhaps they may lose the marginal customer who will think “my morning cup of coffee I make at home now costs me $0.85 instead of $0.75, I will switch to something else.”
But tea will face the exact same thing also....
but otherwise, the whole industry, from the farmers in Columbia to Starbucks, will simply do some combination of absorbing the cost, or passing it on.
Any coffee tariff will be negotiated with the individual country. The 10 % tariff may be short term.
Higher paying jobs in manufacturing will easily afford slightly higher coffee prices.
Coffee is a staple in the American economy, but coffee-shop coffee items are a luxury, albeit one that is bought by a fair number of Americans. Luxuries, especially imported luxuries, should expect to be impacted by tariffs.
(And I’m not immune: as a “chajin” I’ve been drinking matcha for four decades, since long before it became cool. I fully expect to have to pony up more yen for the green stuff.)
EVEN IF it costs 10% more at the wholesale level, a one-time 10% or so adjustment as our nation’s trade gets an important overhaul is something many buyers will support.
It’s not like the cost of goods sold with untariffed sourcing hasn’t inflated over the past several decades. Consumers have paid the higher prices. The lines at Starbucks are unreal. Coffee is easy to obtain and brew. Fancy-schmancy frothy coffee drinks are now a common luxury.
Innovation and incentive will probably bring us a lot more American coffee, at lower locally grown coffee prices.
Even with tariffs my daily [home] espresso will never approach the $$ of the crap industry which so many ignoramuses support blindly to the detriment of their health.
Try again, blowhards, but I concede that simpletons will rave about this ‘inflation’.
9 out of 10 coffee grinders agree!
BTt
These articles are your atypical sob story we have a 36 trillion dollar deficit would he rather have Trump install a 10 percent tariff or jack up business taxes 25 percent? Of course he’s from a small Wisconsin town making designer coffee the guy practically says I voted for Harris.
Wonderstate typically imports 40,000 pounds of coffee in one transaction.
Can’t be to fresh the aroma of fish lingers.
Tired of people trying to blame Trump and not the true cause getting shafted in trade deals.
He on the right track deal with it.
Omygosh. What have I done. Now I'm going to have 20 people FReepsplain to me how Wisconsin enjoys 500 days of sunshine a year and how coffee beans are impervious to frozen tundra. And who knows what other gems I'm about to learn.