SPOKANE VALLEY, Wash. — A local coffee shop is bracing for even higher prices as coffee bean costs hit record highs.
Despite President Trump’s temporary pause on tariffs, many businesses are still worried they might need to raise prices to offset the cost of imported products.
Jeff Henry, General Manager of 4 Seasons Coffee Roasters in Spokane Valley, said importing coffee beans has become much more expensive recently.
“We raised our prices at the beginning of the year, but that was based off the price at the end of the year, so I’m at a point where I’m just trying to see where the market goes,” he said.
4 Seasons Coffee imports approximately 25,000 pounds of coffee per month. With an additional cost of $2.00 per pound, the business is spending an extra $50,000 compared to usual expenses.
“A lot of it is traders, people that are just playing money games with actual agricultural products. We don’t know what’s going to happen tomorrow,” said Henry.
Economists warn that the looming threat of tariffs could continue to drive prices up, even if they remain paused.
Henry said 4 Seasons Coffee Roasters anticipates a 10 percent tariff on all imported goods, including coffee beans.
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