THE IMPACTS OF PRODUCT TARIFFS ON INTERNATIONAL TRADE: The case of Brazilian coffee exports.

O caso das exportações do café brasileiro

Abstract

Brazil leads coffee production and exports. Traditionally, coffee is a commodity that generates wealth, jobs, and foreign exchange for the country. However, the United States, Brazil's main coffee importer, announced a significant increase in import tariffs, which has created significant uncertainty in the sector and in the international coffee trade. Therefore, the main objective of this article is to analyze the impacts that the adoption of high tariffs could have on both the exporting and importing countries. The methodology consists of descriptive and analytical research, of a theoretical nature, describing the current scenario of uncertainty and analyzing the likely consequences that higher tariffs will have for both Brazil and the United States. In conclusion, the results showed that higher tariffs will have significant impacts on both sides and should reshape the international coffee trade.