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How would Trump's new tariffs affect Colombian coffee?

Portafolio

Colombia

Friday, April 4


Starting this April 5, the new 10% tariff on Colombian exports to the United States will come into effect, after the president of the North American country, Donald Trump

, announced a series of reciprocal tariffs to several countries with which it has commercial relations.

Among the taxed goods is coffee, one of the main goods that the country sends abroad and, in particular, to the United States, and more than 40% of Colombian grain exports go to North America, according to Gustavo Gómez, president of the National Association of Coffee Exporters of Colombia (Asoexport). (You may be interested in: Organization sues Trump for imposing surcharges on China). He also mentioned that Colombia's main competitors in this market, that is, Brazil, Guatemala, Honduras, and Peru, start from the same base scenario of the 10% tariff, added to the 46% tariff for Vietnam. (Continue reading: ). Without a doubt, this measure will bring significant challenges for exporters and marketers of our coffee in the United States, but we will continue working hand in hand with the National Government, the National Federation of Coffee Growers and the roasters associations in the United States so that our coffee can continue to enter our main export market competitively and efficiently," he concluded.







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