New tariffs are poised to make your breakfast a bit pricier, especially your morning cup of coffee — but your orange juice caught a break. Why it matters: Your morning staples are caught in the crossfire of global trade politics.

US President Donald Trump’s 50% tariff on goods from commodities powerhouse Brazil is upending crop markets, sending orange juice prices tumbling and coffee rising.

With Brazil’s dominance in arabica bean production, U.S. roasters have few alternatives for a different exporter.

The Federal Reserve’s preferred inflation gauge ticked higher last month in a sign that President Donald Trump’s broad-based tariffs are starting to lift prices for many goods

A key U.S. inflation gauge rose last month, in a sign that President Donald Trump’s broad-based tariffs are starting to lift prices for many goods

Trump's sweeping tariffs are set to go into effect Friday. Since he postponed the biggest hikes in April because of market turmoil, Trump has announced an array of tariff levels with about a dozen trading partners.