Rising coffee prices to get even higher with tariffs

Your daily caffeine fix could get costlier with the onset of President Donald Trump’s reciprocal tariffs, and coffee businesses are already feeling the pressure, analysts say.

Americans spend nearly $110 billion a year on coffee, according to the National Coffee Association. Approximately 99% of the coffee consumed in the US is imported, and the remaining 1% comes mostly from Hawaii and Puerto Rico.

Upon taking office, President Trump imposed a 10% base tariff on all imports, including those from major coffee-producing nations like Vietnam, Indonesia and India. The move has added pressure to the already expensive coffee bean prices.

Ground coffee hit a record $7.38 per pound in March, up 84% from $4.30 in January 2020, per federal data. The surge was fueled by poor harvests in Brazil and Vietnam last year.

Shops like Mighty Oak Roasters are bracing for even higher costs with the new tariffs, which are currently on a 90-day pause.

Meanwhile, Cafe Grumpy in Brooklyn is eyeing a 10% price hike, which could push its $5.25 cappuccino to nearly $5.80.

Several coffee chains are preparing to raise menu prices or cut beloved popular blends like Sumatran coffee as tariffs continue to strain coffee bean imports.