CNBC's Kate Rogers, joins 'The Exchange' to report on Brazil’s critical role in U.S. coffee imports and the potential impact on Starbucks and Dutch Bros.
BreakdownGenerated by LeadStory AI
- Brazil supplies about 22% of US coffee imports, making it a key trade partner. 8s
- Starbucks and Dutch Bros source 22% and 56% of their coffee beans from Brazil, respectively. 28s
- Starbucks does not plan to raise consumer prices through 2025, despite tariff concerns. 1m 0s
- Coffee retailers can mitigate tariff impacts by sourcing beans from other countries like Colombia. 1m 11s
- Analysts believe immediate price hikes for consumers are unlikely, as coffee is a discretionary purchase. 1m 20s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.