The Trump administration's steep import tariff on Brazilian coffee looks set to reshuffle trade routes for beans from the world's top grower and exporter, benefiting China and incentivizing traders to look for indirect routes into the U.

Tariffs on most American imports are set to rise as President Donald Trump sets a new 15% tariff on nearly 40 countries around the world, according to CNN.

US President Donald Trump’s 50% tariff on goods from commodities powerhouse Brazil is upending crop markets, sending orange juice prices tumbling and coffee rising.