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🔴 🇺🇸 ☕ **US coffee shops worried about bitter price hike after tariffs**
“_The prices on the menu have gone up by 25% and people are now buying smaller coffees._”
🔗 https://www.bbc.co.uk/news/articles/c807kxdp2l0o
#Coffee #Tariffs #Trade #Commerce #Inflation #USA #US #UnitedStates
@rs_hole Also more expensive.
Spot price for coffee is $3.6/lb or 14c per double shot.
1lb of roasted coffee is about $20 USD retail.
Meanwhile, on average a coffee farm worker earns between $1-3 USD per day. They could never afford to buy a coffee at Starbucks. I don't think it's the tarrifs that make coffee unaffordable.
@rs_hole Tariffs will make them more expensive than they already are.
@bibliolater
Smaller coffees... Ouch 😳