%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment %Commodities traders are bracing for higher prices on %Coffee and %OrangeJuice should U.S. President Donald Trump make good on his threat of a 50% tariff on imports from Brazil. Trump's latest threats have rattled the global coffee market and could make the price of a cup of joe much higher, warn commodities brokers and analysts. Brazil is the world's largest grower and exporter of coffee beans, while the U.S. is its biggest client and the world's largest consumer of coffee beverages, with nearly 200 million Americans having at least one cup a day. Currently, the U.S. imports 33% of all coffee beans produced in Brazil each year. Some commodities traders are warning that a 50% U.S. tariff on Brazilian imports will effectively shut down two-way trade between the countries. Analysts say, long-term, Brazil will likely look to sell its coffee elsewhere, while the U.S. will buy coffee from other countries such as Colombia and Vietnam. Coffee drinkers around the world, including in the U.S., are already paying record prices after last year's 70% price surge caused by tightening supplies. Arabica coffee bean prices have risen another 1% over the past week since Trump made his tariff threat against Brazil. In addition to coffee, more than half of the orange juice sold in the U.S. comes from Brazil. Orange juice futures traded on the New York Stock Exchange jumped 6% higher on reports of Trump's 50% tariff threat. Orange juice traders say they are worried about a squeeze in supplies moving forward as U.S. importers ramp-up orders to try and get ahead of Trump's August 1 tariff deadline. The U.S. has become more dependent on orange juice imports in recent years due to a sharp decline in domestic production, notably in Florida, due to crop disease and hurricane damage. A report issued by the U.S. Department of %Agriculture earlier this year forecast the U.S. orange harvest would hit an 88-year low in the 2025 crop year as production of orange juice falls to a record low.