“We are probably looking at the start of a new period of history.”@LiewChinTong joins “Money Talks” to talk about the impact of Donald Trump’s tariffs on South-East Asia https://t.co/2JGCUsFmbp ...

From @WSJopinion: Trump’s tariffs and chaotic trade policy will yield a mishmash—not an international system led by a more powerful and attractive America, writes Robert B. Zoellick https://t.co/AHgEOoO2kf ...

Trade and Tariffs - Donald Trump's tariffs are impacting South-East Asia [1] Podcast Discussion - "Money Talks" podcast discusses the economic effects of tariffs [1]

Market Trends & Dynamics - Coffee prices spiked 145% in July year-over-year, with average retail price for a pound of ground coffee hitting $841 [1] - Coffee futures are at their highest level in two months and having their best month since January [15] - The US gets more than a third of its unroasted coffee imports from Brazil, the world's top coffee producer [1] - The US coffee industry imports most of its coffee from Latin America, including Brazil, but there are options to import more coffee from places like Vietnam, Indonesia, and Ethiopia [5] Impact of Tariffs - President Trump's 50% tariffs on imports from Brazil are about to worsen coffee prices [1] - Tariffs will likely have noticeable impacts on food prices in the coming weeks and months [3] - The brunt of these tariffs will be borne by a combination of firms, typically manufacturers, retailers, and mostly consumers [12] - Steel and aluminum tariffs on places like China will further impact the coffee supply chain in terms of packaging and capital inputs [19] Supply Chain & Production - The supply of coffee is inelastic, meaning there are limited stores of coffee available for immediate purchase [5][6] - Domestic coffee production in the US (Hawaii and Puerto Rico) accounts for approximately 1% of the coffee consumed [8][9] - There is effectively no capacity to ramp up domestic coffee production to substitute imports [9] Pricing & Inflation - Coffee price inflation is already one of the fastest-moving categories in terms of the CPI and is expected to continue to climb in the next 3 to 5 months [14][15] - Food companies operate on very thin margins, limiting their capacity to absorb tariff costs [12][13] - Producer Price Index (PPI) for coffee beans has been increasing more dramatically than retail prices, indicating further price increases to come [18]

It was a long week for economic data and some of it showed that tariffs are beginning to hit consumers harder. And today the president teased that tariffs on semiconductors that could be set as soon as next week. Those tariffs could be between two and 300%.Well, as much as economic data we got all week, I have been waiting all week to talk to this guy, my friend Justin Wolfers. He is a professor of economics and public policy at the University of Michigan. I want to talk about everything, but let's start sp ...

From @WSJopinion: Trump’s tariffs and chaotic trade policy will yield a mishmash—not an international system led by a more powerful and attractive America, writes Robert B. Zoellick https://t.co/DUn92JZiAe ...

Global Economy - Countries are not retaliating against tariffs [1] - The global economy has not collapsed [1] Time Factor - More time is needed to observe the full effects [1]

Market Trends & Concerns - Stocks experienced losses due to inflation report, raising concerns about tariffs' economic impact [1]

Trade & Tariffs - The report identifies countries best positioned to benefit from President Donald Trump's tariffs [1] - The new "China-plus-one" regime presents challenges to even the winning countries, making it difficult to feel secure [1]

Hey, it's time. Let's bring co-anchor of CNBC Squawkbox and the New York Times columnist Andrew Ros and Andrew get some new numbers. Hopefully, nobody gets fired for them because they are not as good as was expected.Tell us about them. Uh they are not as good as had been expected. In fact, it appears that inflation is creeping higher.Uh this is the ne this is really the second piece in the uh puzzle that we've now seen inflation creeping higher and it's going to give the Fed pause now uh potentially about l ...