Trump's Tariffs Hit Brazil's Citrus and Coffee Industries

1 min read
Source: Reuters
Trump's Tariffs Hit Brazil's Citrus and Coffee Industries
Photo: Reuters
TL;DR Summary

U.S. President Trump's plan to impose a 50% tariff on Brazilian products threatens Brazil's citrus industry, potentially leading to reduced production and economic hardship for farmers, while U.S. consumers may face higher orange juice prices due to increased dependence on Brazilian imports.

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