Coffee prices hit a new high Monday, the day after President Donald Trump threatened – and then reversed course on – a 25% tariff on Colombia during a spat about deportation flights from the US. And the price is still rising.

Arabica coffee prices hit an all-time high after President Trump threatened to impose 25% tariffs and economic sanctions on Colombia, a major exporter, before backing down. Futures for the high-end be

President Trump's retaliatory 25% tariffs on Colombia may exacerbate an ongoing surge in coffee prices, one likely to leave Americans paying even more for their morning cup. Why it matters: Beans from Colombia make up 20% of U.