Tariff Split: U.S. Lifts Coffee Duties for Most Origins—But Keeps 40% on Brazil
The U.S. has removed its 10% tariff on most coffee imports, benefitting non-Brazilian coffee exporters and U.S. roasters, but kept a 40% tariff on Brazilian coffee. This shift is expected to alter global coffee trade flows, disadvantaging Brazil while boosting other origins in the U.S. market.
Stocks Slip as Nvidia Looms, Buffett’s Alphabet Bet Pops, and Bitcoin Breaks $92K
Stocks slid broadly as investors moved to the sidelines ahead of Nvidia earnings and a restarted data flow, even as Treasury yields eased. Alphabet jumped on Berkshire’s new stake while Apple softened; Nvidia dipped pre-print. Bitcoin’s break below $92K bruised sentiment, breadth weakened, and volatility could cluster into Thursday’s jobs report.