The coffee industry is begging President Trump to keep imports of instant, roasted, and decaffeinated coffees out of the trade fight with the European Union over airline subsidies, warning that hundreds of companies could close if he fails to intervene.
Coffee companies want the tariffs waived, saying that imports of those coffee products from the EU could nearly double in price under the White House’s proposed retaliatory tariffs, a serious blow to the domestic industry, which employs 1.7 million Americans.
“Several coffee brands such as Illy and Lavazza are dependent on imports from Italy for their U.S. business,” National Coffee Association president Bill Murray told U.S. Trade Representative Robert Lighthizer in a letter obtained by the Washington Examiner. “These companies distribute premium Italian-roasted coffee nationally across the United States.” He warned that a 100% tariff would force “hundreds of small businesses” dependent on these imports to shut down.
May be an opportunity for someone to get into the instant coffee business here in the US. Meanwhile, since we import from Peru, so worries yet…