The Realist Perspective
Superstar
Yeah I need someone to explain this to me like I’m 5. We know the effect to the American consumer but how does this negatively affect Columbia too?
Tariff not in place, coffee from Columbia $1, coffee from Ethiopia $1.
Tariff in place, coffee from Columbia now $1.25, coffee from Ethiopia is still $1.
Rather than people getting Columbia, or getting it at the similar rate, people will get the coffee from Ethiopia instead.
Coffee from Columbia sells much less, hurting the sales in America. Columbia business feels it. Columbia feels it.