Friday, September 19, 2025

"US lawmakers plan to introduce bipartisan bill to kill coffee tariffs, Washington Post reports"

People take their drugs seriously.

From Reuters;

U.S. Representatives Don Bacon and Ro Khanna plan to introduce bipartisan legislation that would exempt coffee products from any tariffs imposed after Jan. 19, 2025, the Washington Post reported on Friday, citing a copy of the draft legislation. 
The exemption would apply to roasted and decaffeinated coffee, as well as coffee husks, skins, and other drinks or substitutes containing coffee, the report said.
Republican Bacon and Khanna, who is a Democrat, said they focused on coffee because they want to help Americans save on a daily staple, according to the report. 
"Why are we tariffing American citizens on something that we don't even grow? It doesn't make sense," Bacon told the newspaper....
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Coffee (cash) is down around 4% on the day, extending the losses that began on September 16.