The United States is set to raise tariffs on dozens of trading partners Friday if they fail to reach accord with President Donald Trump to avert the higher rates, and this risks raising prices for consumers.
- Coffee beans (Brazil, Vietnam, Colombia)
- Apparel (shirts, sweaters – China, Vietnam, Bangladesh)
- Jasmine & basmati rice (Thailand, India, Pakistan)
- Cocoa & cocoa butter (Ivory Coast, Ecuador, Indonesia, Malaysia)
- Electronics & copper (global suppliers)
- Seafood (varies by country)
The United States is set to impose steep new tariffs on imports from key trading partners, risking higher prices for everyday goods like coffee, clothing, and electronics. Starting Friday, the Trump administration’s increased duties could hit products from Brazil, Vietnam, China, and others—potentially squeezing consumers already facing inflation.
Coffee Drinkers Hit Hard
Over 99% of America’s coffee is imported, with Brazil and Vietnam among the top suppliers. New tariffs—up to 50% on Brazilian beans—could mean pricier morning brews. The National Coffee Association warns two-thirds of US adults drink coffee daily, making this a widespread concern.
Apparel Prices Could Rise
Nearly a third of US clothing imports come from China, already under 30% tariffs. Vietnam and Bangladesh—supplying another 30%—also face new duties, threatening higher costs for shirts, sweaters, and more.
Rice, Cocoa, and Copper at Risk
Jasmine rice from Thailand (36% tariff) and cocoa from Ivory Coast (21%) may soon cost more. Meanwhile, a proposed 50% duty on copper could raise prices for electronics and construction materials.
Economists warn these tariffs could trickle down to consumers, dampening spending in the world’s largest economy. With negotiations ongoing, businesses and households brace for impact.