Here's why your cup of coffee may get expensive soon

According to the National Coffee Association, an estimated two-thirds of American adults drink coffee each day – and now, it could get more expensive by Aug.1.

U.S. tariffs expected to increase coffee prices
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Coffee prices could soon be a lot higher, as farmers in Brazil are bracing for 50% tariffs from the U.S. to take effect on Aug. 1. Brazil, which is located in South America, produces about a third of all coffee in the U.S.

Arizonans speak out following announcement of 17% Mexican tomatoes duty

As news spread that the U.S. Government will levy a 17% import duty on most fresh Mexican tomatoes, Arizona leaders say the new tariff will negatively impact the Grand Canyon State.

Tomato duty divides consumers and AZ farmers
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The decision to levy a 17% duty on fresh Mexican tomatoes has prompted a debate on whether the tariff is good or bad, and depending on who you ask, the answer will be different. FOX 10's Ashlie Rodriguez reports.

Trump says he's imposing new 30% tariffs on EU, Mexico
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President Donald Trump said he?s imposing new 30% tariffs against the European Union and Mexico, effectively blowing up the rules governing world trade. Trump has now issued tariff conditions on 24 countries and the 27-member European Union.

Trump says he's imposing new 30% tariffs on EU, Mexico

President Donald Trump announced a new round of tariffs on Mexico and the European Union, two of America’s biggest trading partners.

Nissan pauses US production of 3 models amid tariff uncertainty

Nissan has suspended U.S. production of three vehicle models destined for Canada as mutual tariffs between the U.S. and Canada disrupt cross-border auto trade.

Tariff latest: Trump signs order delaying deadline to Aug. 1

President Trump is turning up the pressure to make trade deals this week – but is building in several more weeks' time for negotiations.

Trump announces 25% tariffs on Japan and South Korea

The president warned both countries that if they retaliate with their own tariffs, the U.S. would further increase import taxes.

Federal Reserve in limbo as tariffs complicate this week's interest rate decision

With inflation on the decline, some experts believe that without the enforcement of tariffs, the Federal Reserve may likely cut its key interest rate even more.

At Home files for bankruptcy

The popular home decor retailer has filed for bankruptcy amid the changing trade environment from President Trump’s tariffs.

Trump tariffs likely to raise appliance prices, experts say

Prices for major appliances jumped in May, and new tariffs backed by President Donald Trump are expected to push them even higher as manufacturers face rising costs for foreign-made materials.

China’s rare earth minerals included in new trade deal, Trump says

Details are being released about the new trade and tariff deal reached between President Trump and China, which includes rare minerals and Chinese students attending American universities.

Airline, aerospace industries warn Trump tariffs could risk air safety, supply chains

Airline and aerospace groups warned that President Donald Trump’s tariffs on planes, engines and parts could increase ticket prices, harm the supply chain and threaten aviation safety.

Trump meets with German Chancellor Friedrich Merz to discuss tariffs, Ukraine

The two leaders met at the White House on Thursday as they work to keep the U.S. on board with Western support for Ukraine, while helping to minimize trade tensions that present a risk to Germany’s economy.