Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror

Comment Re: Biased article (Score 1) 84

Coffee prices in the US surged in July, hitting a record high, and the tariff started in August (after July). Look at this chart for the last 5 years; yes, the tariffs will make a difference, but the market swings by prices much larger than the tariffs (currently 50% on Brazilian coffee, so the US will be buying less coffee from Brazil and more from other places, so the effective tariff rate is much lower; I asked an AI (you can check the answer):

Q

What's the overall tariff on coffee for the US? Please average it by weighting the size of imports and tariff % from each coffee producing country.

A

... This suggests a weighted average tariff of approximately 25-30% on US coffee imports, though this is a rough estimate...

That's with the 2024 import volumes from each country; that will drop as these volumes shift, due to the tariffs. I also don't expect the 50% tariff to stand; Trump has been using tariffs as a bargaining chip, and makes deals.

And that shifting would also make local coffee prices for countries with higher tariffs drop, as you said they're doing; as less Brazilian coffee is bought by the US, there's more supply available locally.

Comment Biased article (Score 1) 84

Tariffs are not the main driver of these changes, it's climate change. This article explains the different causes, and their rough contribution to the overall increases.

Environmental conditions, like drought in Brazil, and other related issues in Vietnam and Colombia, is the main cause.

Besides the tariffs, which do make a difference, commodity markets are seeing an opportunity, and driving up prices. Taxes don't help these markets, but they can be driven by scarcity.

Here's another article, which states

He [Bernstein analyst Danilo Gargiulo] estimates Starbucks would have to raise prices by 0.5% or less to recoup the full cost of Brazil tariffs, for example.

This is another political hit piece from CNN, which is completely untrustworthy as a source of truth.

Comment Re:I don't have any sympathy (Score 1, Troll) 130

It's an app for women to get revenge on men that have spurned them, with no accountability. It was supposed to be private, so these women believed they could get away with libel. Doxxing them was wrong, but the app was fucked up to start.

I'm sure there are some women who are using this to honestly help other women, but that number is probably vanishingly small.

Comment Re:I repeat, um ... (Score 1) 125

I'm against socialism because I don't trust governments. Marx called socialism a stepping stone to communism, and communism has killed over 100 million people, from political purges, forced labor, famine, and other state-sponsored violence. That's what you get when you give governments too much power, which is why I'm glad people are against government power under Trump, I just hope it lasts when he's out.

Slashdot Top Deals

You had mail. Paul read it, so ask him what it said.

Working...