The Brazilian Specialty Coffee Association (BSCA) stated that the meeting between the presidents of the United States, Donald Trump, and Brazil, Luiz Inácio Lula da Silva, today in Malaysia represents a concrete prospect of a solution to the tariffs applied to the coffee sector.
“It is an opportunity for both economies to overcome the trade obstacle,” he said in a statement.
BSCA highlighted that the eventual removal of tariffs could intensify the partnership between the two countries and the presence of Brazilian specialty coffee in the American market.
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The USA is the main import market for specialty coffees from Brazil, purchasing approximately 2 million bags of this product, with revenue exceeding US$550 million per year.
In a statement, the association reinforced the importance of dialogue in an attempt to reverse the taxation presented on the product, so that jobs and income are preserved, in addition to a partnership built over decades between actors from the two nations.
