I live in Ireland and the laptop I bought for €1000 over a year ago currently costs €1600. Prices & gouging going up everywhere.
Trump’s 50% Brazil coffee tariff expected to rejig trade, send more beans to China
A 50% tariff on some Brazilian products, including coffee, will begin on August 6
It’s actually not in force for a few more days. I would also assume that insofar as is possible, importers will import stock ahead of the deadline, so it’ll probably delay impact.
Why not just bulk up on stock and then raise prices without necessarily needing to to maximize profits but blaming the tariffs as of day one? I don’t see why this wouldn’t happen
Competition, same thing that normally limits prices. You don’t need to “blame” tariffs to raise prices — you can just raise them. If you’re the only vendor of coffee in the US, you can increase prices without losing sales. But I’d expect that anyone who selling coffee or another item that can be stored and is going to have a significant increase in tariffs will try to get stock in before that. Raise prices and you lose sales to other parties.
Xheets like this should not have the date cut off.
Sure, prices are probably still rising across the board for Americans, but I myself complained about the same thing (coffee almost double) months ago. Maybe even still in 2024.
They shouldn’t be posted here at all, since they aren’t memes, right?
What is a meme? How do you define ‘meme’? If you’re talking about what you can repost, what you can shitpost, what you can share and upvote, then ‘meme’ is simply electrical signals interpreted by your brain
Memes are satyrical portrayals of reality through a distorted lens that makes it seem more lighthearted or humourous.
One dude informing a dumbass of what is happening is not really a meme any more than any conversation is.
Thanks, Mr. Dawkins, but I’m obviously referring to the colloquially-understood definition, which definitely does not include an ordinary exchange of two messages on a social media platform, lol.
Oh my God. You didn’t even recognise that bit as being ripped straight from the matrix did you. I’m so old.
Hmmm, what happened in the past six months or so that could explain this… HMMMMMM
Isn’t this because coffee harvests fell short due to drought caused by global warming?
Also because of the tariff threat on Brazil. You know, the country responsible for a bit over 1/3 of the coffee that USA imports
I’m surprised that it’s not yet a common occurrence that when a seller learns that the buyer of goods is american, he simply marks the price up by 50% because of fuck you, thats why
There is a semi-popular opinion here in Canada that we should also be adding an export tax to goods the US has no other place to source except from Canada. The US absolutely has to buy Canadian softwood lumber for Home construction. How about a 10% export tax, have fun building expensive houses.
Potash, that would wreak havoc on the US fertilizer suppliers and the entire food chain.
And floods. Read somewhere entire coffee fields were damaged or uprooted by heavy rains.
Why don’t they just move the floods to where the droughts are to solve both problems?
Now that would be something
Yeah, climate change. More rains, more shifts is temperature, more drought as well.
Its going to get A LOT worse.
“Someone needs to tell Trump the economy isn’t just 14 years old”
Would be a great bumper sticker
This just shows how pernicious Democrat influence really is! Despite not having a sitting president, and carrying a majority, Biden’s insipid influence STILL has the price of coffee higher than it should have been.
Republicans are considering various solutions, varying from bombing coffee-producing nations to calling it “fake news”, or just saying “Coffee? You guys still drink that stuff?”
I’m just over here wishing I could get 49% of the population to care about food becoming cost-prohibitive when when their guy is in office, because all I heard about was how great the economy was doing in 2024, even though most Americans were finding that staples were becoming too expensive to buy in a grocery store.
All we heard from Democrats on that was that they were oh-so-powerless (which we can observe is bullshit, watching how Donald has governed this year) or to, you know, just be joyful.
The partisans are happy to make excuse after excuse when their guy is holding the reins of power, whether Republican or Democrat.
Trump supporters should drink covfife instead.
Covfefe
I tried it. Covfife is better! New and improved! Now with 15% more best!
It’s because useful idiots kept paying it.
Products are priced according to what people are willing to pay, not what they cost to produce.
Every moron telling you “they’re a business and they need to make money!” is directly responsible for why things are they way they are.
No offense but you are aware that products are priced by where supply and demand intersect, right? The cost to produce does matter.
The cost to produce does matter.
Only insomuch as setting a price floor, but not a ceiling
I might be severely misunderstanding you. Are you saying that the cost of production is not a concern when the government is deciding the maximum allowable price of a good or service?
Ah, sorry, thought we were talking about business setting prices, not government intervention
Correct. What did you mean by setting a price floor?
Well, outside extreme circumstances, the manufacturer isn’t likely to sell below their own cost; hence the manufacturing cost is a price floor
That’s “at cost”, not a price floor.
Besides paying services, the location and salaries no business needs more money than that to exist. It is advisable to have some reserves to cushion for an emergency or a needed investment but that does not require millions sitting in a bank account.
Why’s it feel like a bunch of Trump supporters are about to dress up in sombreros and start tossing coffee beans in the ocean
What about eggs though? What about the price of eggs? Eggs are very important. Some people can’t live without eggs! Some people apparently only eat eggs.
Surely that’s worth a little fascism, as a treat?
My favorite part of the egg saga is the recent executive order - where trump wants to pressure California to reduce regulations on eggs. Despite the fact that, a large part of the spikes in egg prices and availability were directly influences by massive cullings caused by poorly regulated and unhealthy environments.
It’s been interesting seeing a few rural communities rediscover the practice of farming their own eggs to sell to neighbors. Not even something that needs an enormous farming operation.
Eggs are more expensive but that’s good actually, it was always good, it’s good when eggs are expensive, it’s good actually.
See if eggs are cheap then the migrants we pay pennies to harvest them might be able to afford to eat! And that would be bad right you don’t want BROWN people eating the eggs they harvest for YOU do you???
Yaupon Holly is a native North American plant that contains caffeine. Was traditionally used by Indians as a tea or coffee. Also used during the civil war as a substitute.
I have found it around old homeplace ruins in the deep south. It is also a common landscaping plant. Need to plant some around the house.
How does it taste?
it makes a nice tea. a local company in my area sells it at farmers markets. https://lostpinesyaupontea.com/
I grow it, but I’ve only drank it once. It’s not too different from Yerba Maté. Which is to say -it tastes like an herbal tea made of holly leaves.
Eugh, maté is an acquired taste that I can’t acquire
https://youtube.com/shorts/CS9BeMovHk8
apparently, it’s bad!
I’ve bought some yaupon tea bags before. It was actually pretty good. I like black tea, and don’t like coffee though, so people expecting a coffee taste may not like it. It’s very comparable to black tea, IMO. I also have a yaupon bush in my yard, but never tried processing and ingesting it.
I’ve actually never tried it, but, it’s described as pleasant. You have to roast the stems and leaves.
If you really need caffeine, just take caffeine pills.
Coffee is a very inefficient and expensive way to imbibe caffeine.
Coffee and tea both have a slightly different buzz from one another and caffeine pills IMO. At the very least caffeine pills definitely hit way faster, and that can be too much for those sensitive.
I do think coffee itself is a luxury that everyone is used to having. And to be fair, it’s been dirt cheap for quite a while. A lot of the world gets by on instant coffee and basic tea, though.
You know, some people actually like the taste of coffee. I don’t know what flavors caffeine pills come in, but i doubt that they are comparable to a nice, hot cup of cappuccino in the morning, and feeling the caffeine and the warmth while waking up.
Sometimes it’s about the preparation ritual, not necessarily just the caffeine.
Well, if that ‘preparation ritual’ is worth paying 1000% more, then people should understand that’s why they’re doing it.
We gotta get this “it’s for the caffeine” idea out of people’s heads if it’s not really for the caffeine.
Tarif make thing cost more?
Turn out that putting a 50% tariff on the biggest coffee producer in the world (to try to interfere with Bolsonaro’s trial) raises the price of coffee, who would’ve thunk
It’s actually because people are willing to pay it.
Products are priced according to what people are willing to pay, not what they cost to produce.
If you’ve ever sold drugs, you’d know this firsthand. So many suckers are proud to pay 500%+ markup on products and then praise me for selling it to them.
Lol this person still believes in the free market.
Price of the coffee is the smallest part of that cup of coffee though, probably less than a dollar. The vast majority of it is everything else from facilities to work and leeches cutting their profits
Are we sure this person isn’t buying instant granules? At least to my Australian brain, a 25 fl oz cup of coffee (~739 mL in real units), is a patently insane size to buy from a cafe.
Are we sure this person isn’t buying instant granules?
Yes
a 25 fl oz cup of coffee
They aren’t buying that either; they are buying a 25 oz (~700g) container of coffee beans, most likely pre-ground
That’s probably a fill for a thermos, but yeah that’s a proper size coffee.
At that point, why go to a cafe?
This is very Australian of me, but you don’t really go to cafes just to drink a boatload of coffee. You go for the vibes, or the great quality coffee, but if you want 25 fl oz of coffee, what exactly are you buying. Batch brew (drip coffee to the Americans, I think?)
You’d be wired as fuck, that’s for sure haha
Grab a coffee on the go? Idk it’s common here
People grab takeaway coffee here also, but not a 740 mL coffee. Those really are insane sizes.
Yeah it’s on the bigger side, would last all day for me most days
They’re putting huge tariffs on Switzerland too. Which makes the grinders and other shit Starbucks uses to make coffee in its shops.
However, I’m pretty sure roasted beans and ground coffee at the grocery store is just price fixed to the cost of a cup at the megacorp coffee shops at this point.
Fuck this place. And fuck it’s coffee industry.
Yeah, just waiting for the record profits of the coffee importers and processing plants.
Yes but every middleman will add as much as possible to profit and blame it on the tariffs.
“Preemptive tariff compensation”.
Not sure about US prices, but coffee also got more expensive in general because of bad harvests. Seems to be climate change related. Which Trump is doing everything to accelerate.
Yeah where i am in Canada the price has jumped up significantly
Same here. Coffee is crazy expensive.
Didn’t know that! Yes even the cheap coffee has gone up by a few dollars. To the point where I buy whatever is on sale.
Taco is bringing to Americans how it felt to live under Soviet government.
Riiiight…
American and Soviet citizens eat about the same amount of food each day but the Soviet diet may be more nutritious.
Americans eat more meat and fish, more sugar, more dairy products and eggs, and more fats and oils and less grain than the average Soviet citizen, and consume more calories. Generally held nutritional standards suggest individuals need fewer calories, less meat, less sugar and more grain to stay fit.
https://www.cia.gov/readingroom/document/cia-rdp84b00274r000300150009-5?hl=en-GB
…the only way this could possibly be funny is if…fuck…