Arabica Coffee Prices Hit New High on U.S., Colombia Tariff Spat

Arabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia.

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Coffee Prices Are Rising, Despite Trump’s Cancelled Tariff On …

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1 day ago · Coffee prices hit a new high Monday, the day after President Donald Trump threatened – and then reversed course on – a 25% tariff on Colombia, during a spat about …

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Coffee Prices Hit Record High After Trump, Colombia Tariff Standoff

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3 days ago · Arabica coffee prices hit an all-time high after President Trump threatened to impose 25% tariffs and economic sanctions on Colombia, a major exporter, before backing down.

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Coffee Prices Hit An All Time High In The U.S. - Food & Wine

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1 day ago · On Tuesday, Arabica coffee prices hit an eye-watering new high on the Intercontinental Exchange at $3.48 a pound, according to the Wall Street Journal.

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Arabica Coffee Futures Gain As Trump Colombia Tariff Threat …

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2 days ago · The most-active contract in New York gained as much as 2.3% to a record $3.5555 a pound, before fluctuating between gains and losses. The spike came as a short-lived US tariff …

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Coffee Prices Surge Amid Trump Tariff Threats - ABC7 Southwest …

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1 day ago · Coffee prices hit a new high Monday, the day after President Donald Trump threatened – and then reversed course on – a 25% tariff on Colombia during a spat about …

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Trump's Colombia Tariffs Threaten Another Surge In Coffee Prices

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3 days ago · President Trump's retaliatory 25% tariffs on Colombia may exacerbate an ongoing surge in coffee prices, one likely to leave Americans paying even more for their morning cup. …

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Coffee Price Soars To New High Even As Trump Backs Off Colombia …

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The Wall Street Journal reports that arabica coffee prices hit a "record level" on Monday as futures for the commodity "rose 0.8% to $3.50 a pound in midday trading in Europe, having …

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Coffee Prices Are Rising, Despite Trump’s Canceled Tariff On …

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1 day ago · New York (CNN) — Coffee prices hit a new high Monday, the day after President Donald Trump threatened – and then reversed course on – a 25% tariff on Colombia during a …

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CNN WIRE — Coffee Prices Rise Despite Trump Backing Away From …

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New York (CNN) — Coffee prices hit a new high after President Donald Trump threatened – and then reversed course on – a 25% tariff on Colombia during a spat about deportation flights …

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FAQs about Arabica Coffee Prices Hit New High on U.S., Colombia Tariff Spat Coupon?

Why did Arabica coffee prices hit a record level?

Arabica coffee prices hit a record level, as traders digest the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia. Continuous arabica coffee futures on the ICE rose 0.8% to $3.50 a pound in midday trading in Europe, having reached as high as $3.56 earlier in the session. ...

Why did coffee prices hit a new high Monday?

Coffee prices hit a new high Monday, the day after President Donald Trump threatened – and then reversed course on – a 25% tariff on Colombia during a spat about deportation flights from the US. And the price is still rising. Even though the tariff never went into effect, the mere threat sent nerves racing throughout the coffee market. ...

What's going on with Arabica coffee futures?

Continuous arabica coffee futures on the ICE rose 0.8% to $3.50 a pound in midday trading in Europe, having reached as high as $3.56 earlier in the session. This exceeds the prior record of $3.48, set in early December, which then reflected global supply worries and particularly concerns over the 2025 harvest in Brazil. ...

How much coffee does the US import from Colombia?

This exceeds the prior record of $3.48, set in early December, which then reflected global supply worries and particularly concerns over the 2025 harvest in Brazil. The U.S. imports about 30% of its coffee from Colombia, along with other food staples such as bananas and avocados, and gold, JPMorgan analysts said in a note. ...

Did Trump send coffee prices soaring?

But President Trump didn’t send the price of coffee soaring by himself. Arabica coffee prices surged by 13% in December, a 60% year-over-year increase, according to the World Bank. And coffee futures have been elevated since 2011 as bad weather has plagued key coffee growing regions like Brazil and Colombia. ...

How much money did the US import from Colombia in 2023?

Overall, the U.S. imported $16.1 billion in goods from Colombia in 2023, according to Census Bureau data. Trump had issued threats to impose 25% tariffs and sanctions on the South American country on Sunday afternoon, in retaliation for the Colombian government refusing to allow two military planes with migrants to land. ...