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Stock impact report

Coffee Prices See Support as Substantial Tariffs Remain on Brazilian Coffee [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
Coffee prices are seeing support today after Brazilian coffee is apparently still subject to substantial US tariffs. The Trump administration announced last Friday that it would drop tariffs on commodities not grown in the US, but that relief only applied to 10% reciprocal tariffs. Brazil's vice president said that Brazilian coffee exports to the US are still subject to the separate 40% tariff imposed by the Trump administration on Brazil on "national emergency" grounds related in part to Brazil's prosecution of former President Bolsonaro. The Trump administration has yet to provide any clarification as to tariffs on US imports of coffee from Brazil. More News from Barchart What Spiked the Soybean Market - Again? Will Markets Be Wild Again This Week? Cocoa Prices Undercut by US Tariff Cut Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Coffe Show less Read more
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