Is Elon's Empire Crumbling?

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after January 29, it may be too late.

US coffee prices spike due to tariffs and poor weather

DEE-ANN DURBIN and CHRIS RUGABER
October 24, 2025

It's getting more expensive for Americans to get their caffeine fix.

The average U.S. price of a pound of ground coffee hit $9.14 in September, a 3% increase from the August average of $8.87 and 41% higher than in September 2024, according to U.S. government figures. Coffee prices have been increasing sharply since the start of this year.

Consumer prices for food purchased for home use and away from home were 3% in September compared to the same month a year earlier, the U.S. Labor Department reported Friday. The consumer price index, which measures a broader sample of all coffee products, including instant coffee, showed U.S. coffee prices up 19% from September 2024 and flat compared to August.

Nikki Bravo, the co-owner of Momentum Coffee in Chicago, raised prices by about 15% last week for lattes, cappuccinos and other drinks at her four locations.

Bravo said she is paying 15% more for coffee beans compared to a year ago and has started roasting more beans in-house to save money. She gets most of her beans from Africa.

Other items also have gotten more expensive, such as cups and sleeves, she said. In addition, the minimum wage in Chicago rose July 1 to $16.60 an hour.

"At some point we just had to pass it along, we couldn't continue to eat it," Bravo said.

Stubbornly high inflation has also left consumers uncertain and less willing to splash out on a takeout coffee, she added. According to Toast, a restaurant management system, the average price of a regular coffee at U.S. restaurants in September was $3.54 compared to $3.45 a year earlier.

Here's why java is feeling such a jolt and how some are trying to alleviate it:

Tariffs

Outside of Hawaii and Puerto Rico, there are few places in the U.S. that can grow coffee. So 99% of America's coffee is imported, according to the National Coffee Association, a trade group.

Brazil is the top source for U.S. coffee, supplying 30% of the market. The Trump administration imposed a 40% tariff on Brazilian products in July on top of a 10% tariff imposed earlier. Brazilian producers have begun withholding shipments to the U.S. as they negotiate with American roasters over who will absorb the added cost, reducing supply in the U.S., according to investment bank UBS.

Colombia, which supplies 20% of the U.S. coffee market, is subject to a 10% tariff, but President Donald Trump recently threatened higher tariffs and an end to U.S. aid to Colombia. Vietnam, which supplies 8% of the U.S. coffee market, has been subject to a 20% tariff since the summer.

In September, Trump announced that "unavailable natural resources" could be exempt from tariffs for countries that have reached trade agreements with the U.S. But so far, coffee hasn't won any exemptions.

Weather risks

Heat, drought and other poor weather conditions have hurt coffee production globally in recent years, causing prices to surge. World coffee prices rose nearly 40% in 2024, according to the Food and Agriculture Organization of the United Nations.

Earlier this month, coffee prices rose after the National Oceanic and Atmospheric Administration declared that La Nina conditions had formed. That raised concerns about the possibility of drought in Brazil.

The risk to coffee production from climate change has some researchers trying to develop more climate-resistant varieties of coffee.

Congress might step in

In September, a bipartisan group of U.S. House members introduced a bill that would repeal all tariffs on coffee.

"We only produce 1% of the coffee that Americans consume. It's one of the best examples of Trump's blanket tariffs making no economic sense," U.S. Rep. Ro Khanna, a California Democrat, said. Khanna co-sponsored the bill with U.S. Rep. Don Bacon, a Nebraska Republican.

Bacon said Friday that he became interested in the issue when he saw how much coffee cost at the grocery store. He said he's also not a fan of tariffs and thinks Congress -- not the president -- has the power to levy them.

Bacon said he thinks the Trump administration now realizes that putting tariffs on products that the U.S. can't grow is bad for consumers, and he's hopeful the bill will pass.

"I hope the president and Congress see the positive benefit of removing this tariff on everyday Americans," he said.

___

Durbin reported from Detroit. Rugaber reported from Washington

Continue Reading...

Popular

Trump Defends Missile Strike On 'Drug-Carrying' Submarine Amid Human Rights Outcry

Trump defends strike on drug sub, says it targeted fentanyl-laden vessel heading to US. Two survivors were rescued.

Warren Buffett's Berkshire Hathaway Bets Big On Consumer Brands Amid Economic Shifts

Warren Buffett and his successor Greg Abel have been directing Berkshire Hathaway towards consumer-centric investments throughout 2025.

November 18: D-Day For The Dollar - Ad

A quiet shift in U.S. law has just authorized private companies to mint a new form of government-authorized money called the "Dollar 2.0"... and the next major mint hits on November 18. Investors who make the right moves before then could make up to 40X by 2032...

Tim Cook To Depart, Steve Jobs' Lesson For Guy Kawasaki And More: This Week In Appleverse

From executive shake-ups at Apple to TSMC's revenue surge and Goldman's take on the AI boom, here are the top Apple stories.

Gold Deals Pick Up As Metal Soars Past $4,200

Gold reaches new highs, expected to continue rallying into 2026. Multiple mergers and acquisitions in gold market.

Tesla's $30 Trillion Pivot (Nov 6 Deadline) - Ad

Get ready for the biggest pivot in corporate history. Tesla insiders are preparing for a dramatic new product launch - not driverless cars - that could change everything. You're running out of time to prepare.

OpenAI's ChatGPT To Allow Erotica For Adults: Not 'Moral Police Of The World,' Sam Altman Says

OpenAI will begin allowing erotica and adult-themed content on ChatGPT, marking a major shift in the company's content policy.

The 7 Red Flags Wall Street Won't Talk About - Ad

All 7 historic crash signals are flashing red. Once the public notices, it's too late. Our free Bellwether Signal explains how to protect wealth - and why gold and silver have been the refuge in every crisis. Don't let your retirement go over a cliff.

Gold prices have tumbled from recent records. What's behind the losses?

NEW YORK (AP) — Less than a day after to another record high, prices for the precious metal plunged — marking the biggest sell-off in years.

Mysterious drone flights in NATO airspace have caused alarm across Europe. Here's what we know

BERLIN (AP) — Mysterious drone flights over the airspace of European Union member countries in recent weeks have alarmed the public and elected officials.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

Trump's immigration crackdown weighs heavy on the US labor market

Maria worked cleaning schools in Florida for $13 an hour. Every two weeks, she’d get a $900 paycheck from her employer, a contractor. Not much — but enough to cover rent in the house that she and her 11-year-old son share with five families, plus electricity, a cellphone and groceries.

Nvidia, TSMC Unveil The First US-Made Blackwell Wafer, But Analyst Ming-Chi Kuo Flags This Overlooked Detail

Nvidia Corp (NASDAQ: NVDA) has introduced the first U.S.-made Blackwell wafer, a crucial component for AI chips, at Taiwan Semiconductor Manufacturing Co's (NYSE: TSM) facility in Phoenix.

This Coin Could Be Like Buying Bitcoin in 2017 - Ad

One of Bitcoin's biggest supporters on Wall Street is moving away from Bitcoin and into this special crypto. He even called this new coin, "the preferred choice for Wall Street."

Magnolia Oil & Gas Gets Upgrade On Strong Finances, Brighter Oil Outlook

KeyBanc raised Magnolia Oil & Gas to Overweight with a $29 target, citing a defensive profile and disciplined growth outlook.

A cargo aircraft skids off a Hong Kong runway into the sea, killing 2 people

HONG KONG (AP) — A cargo aircraft skidded off a Hong Kong runway into the sea when landing early Monday, killing two people.

This Company Could Challenge NVIDIA's Reign - Ad

This new chip can run at the speed of light and it's changing the game. "TF3" could replace silicon entirely and one American company is producing it commercially. Clients already include NASA and top medical research institutions. It's still under the radar - and that's the opportunity.

Dogecoin's $0.21 Problem: Why This Analyst Says Keep It On Your Radar

On Monday, social media influencer Ali Martinez, known popularly on X as Ali, drew the attention of the crypto community to an important resistance level for Dogecoin (CRYPTO: DOGE).

Kevin O'Leary Tells Trump His 'No. 1 Job' Is To Protect The American Dream, Not Pick Sectors In The Economy

Kevin O'Leary urged President Donald Trump to prioritize protecting the American dream and preserving capitalism over picking economic winners, warning that government overreach and bad policy threaten the nation's entrepreneurial spirit amid growing pessimism about upward mobility.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

TotalEnergies Profit Outlook Brightens On Refining Strength

TotalEnergies (NYSE: TTE) expects 3Q25 performance to improve with 4% Y/Y increase in oil & gas production.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Kevin Hart Once Revealed Investing In His Friends' Ideas Had Been An 'Endless Pit Of Bankruptcy' — In Fact, One Such Idea Was His Worst Investment

Kevin Hart revealed that his worst business decision was investing in his friends' failed ventures — particularly a headphone startup that turned into "an endless pit of bankruptcy" — despite later building a $400 million entertainment empire.

Disney+ and Hulu cancellations rose after ABC briefly pulled 'Jimmy Kimmel Live!'

NEW YORK (AP) — Disney+ and Hulu subscription cancellations rose during the month that ABC " according to data from subscription analytics company Antenna.

On November 18, a powerful new law signed by President Trump will trigger a radical shift in America's money system... - Ad

When a small group of private companies - not the Fed - will perform a major mint of a new kind of money. And those who act before this new system fully kicks in could see gains as high as 40X by 2032. But those who fail to prepare will be blindsided by this sea change to the U.S. dollar.

Supreme Court will consider whether people who regularly smoke pot can legally own guns

WASHINGTON (AP) — said on Monday that it will consider whether people who regularly smoke marijuana can legally own guns, the latest firearm case to come before the court since .

L3Harris Lands $2.26 Billion South Korea Air Defense Contract

L3Harris won a $2.26B deal to deliver modified Bombardier Global 6500 AEW&C aircraft to the South Korean Air Force.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after January 29, it may be too late.

Why Is BTQ Technologies Stock Up Today?

Shares of BTQ Technologies Corp. (NASDAQ:BTQ) are rising Thursday after the company announced that it reached a significant technological milestone.

Trump Reportedly Rebuffs Ukraine Missile Appeal After Putin Call: 'Time To Stop...'

President Donald Trump declined to supply Ukraine with Tomahawk missiles after a tense meeting with Ukrainian President Volodymyr Zelensky at the White House on Friday, according to a report.

November 18: D-Day For The Dollar - Ad

A quiet shift in U.S. law has just authorized private companies to mint a new form of government-authorized money called the "Dollar 2.0"... and the next major mint hits on November 18. Investors who make the right moves before then could make up to 40X by 2032...

A vocal critic of Georgia Power is under arrest for allegedly stealing trade secrets

ATLANTA (AP) — A vocal critic of Georgia Power Co. was arrested Tuesday on felony charges that allege she swiped the company's confidential information from a desk during a break in a regulatory hearing.

Why Is Beyond Meat Soaring After Hours?

Beyond Meat surged 22.65% to $4.44 in after-hours trading Tuesday, extending its meme-driven rally.

Tesla's $30 Trillion Pivot (Nov 6 Deadline) - Ad

Get ready for the biggest pivot in corporate history. Tesla insiders are preparing for a dramatic new product launch - not driverless cars - that could change everything. You're running out of time to prepare.

First Brands founder resigns amid accounting scandal and billions in missing funds

The founder and CEO of First Brands resigned Monday, weeks after the auto parts supplier filed for bankruptcy protection amid an accounting scandal that has left lenders scrambling for more than $2 billion in missing funds.

The 7 Red Flags Wall Street Won't Talk About - Ad

All 7 historic crash signals are flashing red. Once the public notices, it's too late. Our free Bellwether Signal explains how to protect wealth - and why gold and silver have been the refuge in every crisis. Don't let your retirement go over a cliff.

Firefighters contain blaze at Hungary's main oil refinery

BUDAPEST, Hungary (AP) — Firefighters in have contained a blaze that broke out overnight at the country’s main oil refinery, authorities and Hungarian energy company MOL said Tuesday. No injuries have been reported.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service