The coffee industry in America is expected to suffer more due to continuing trade friction the U.S. government has provoked against several economies.
According to the American Chamber of Commerce, Washington state annually exports coffee products worth $58 million to Canada, but that is expected to now change.
The trade issue also impacts $6.2 billion of coffee-related exports of the state to China, Europe and Mexico.
Business and economics professor Brian Kelly with Seattle University says such uncertainty might hurt the market further.
“I think that they’re playing it by ear and they simply don’t know where they want to end up. So right now, it’s a lot of bravado. But it’s harmful bravado with no escape hatch,” Kelly says