TOKYO -- Brazil is attempting to cultivate China as a promising alternative export target for coffee beans following the imposition of U.S. tariffs, but the market doubts the move will be enough to keep international coffee prices from slipping.
International coffee prices slump on concerns of depressed American demand
A waitress serves coffee at a cafe in Rio de Janeiro, Brazil. © Reuters
TOKYO -- Brazil is attempting to cultivate China as a promising alternative export target for coffee beans following the imposition of U.S. tariffs, but the market doubts the move will be enough to keep international coffee prices from slipping.