Global Supply of coffee beans hurt by weather, tariffs

Coffee prices skyrocketing almost 21% over the past year. Rising temperatures and droughts in Brazil along with historic flooding in Vietnam destroyed coffee crops in those top exporters. But now another blow to the beloved cup of Joe. In August, President Trump bringing total tariffs on Brazil, the world's largest coffee producer, to a whopping 50%, the highest in the world next to India. And that's huge because Brazil grows more than a third of all the coffee consumed in the US. typically the president us ...